Tech Company Financing Transactions
X1 Card Funding Round
X1 Card closed a $15 million Series B investment round on 12/2/2022. Investors included Soma Capital and private investors.
Transaction Overview
Company Name
Announced On
12/2/2022
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate growth and roll out new financial services for its members, starting with a new investing platform allowing cardholders to buy stocks with their reward points.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
548 Market St. 30648
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Overview
X1 Card is the smartest credit card ever made. Built with 17g of stainless steel and laser etching technology, X1 Card reimagines the credit card from the ground up. It harnesses the power of technology to offer smart credit limits, an unparalleled rewards program, and automated features that will transform the way you shop and spend.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Siddharth Batra
Co-Founder
Deepak Rao
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