Tech Company Financing Transactions

Possible Finance Funding Round

Possible Finance, based in Seattle, received $20 million from Canvas Venture Fund, Union Square Ventures and Unlock Venture Partners.

Transaction Overview

Company Name
Announced On
5/3/2022
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors

Canvas Venture Fund (Lead Investor) (Rebecca Lynn)

Union Square Ventures (Lead Investor) (John Buttrick)

Unlock Venture Partners (Lead Investor) (Andrew Liu)

Coastal Community Bank

Euclidean Capital

Proceeds Purpose
These offerings will allow Possible to reach more underserved consumers who need quick and affordable access to capital without jeopardizing their progress toward long-term financial health.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
1929 3rd Ave. 300
Seattle, WA 98101
USA
Email Address
Overview
Possible Finance is a technology company that provides middle-class Americans with the financial tools needed to manage their day-to-day lives, protect themselves in an emergency, and build towards a better future. Through a mobile app, Possible Finance provides a friendlier alternative to payday loans that's less expensive, easier to repay, and repairs credit.
Profile
Possible Finance LinkedIn Company Profile
Social Media
Possible Finance Company Twitter Account
Company News
Possible Finance News
Facebook
Possible Finance on Facebook
YouTube
Possible Finance on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tony Huang
  Tony Huang LinkedIn Profile  Tony Huang Twitter Account  Tony Huang News  Tony Huang on Facebook
Chief Operating Officer
Harsha Srinivas
  Harsha Srinivas LinkedIn Profile  Harsha Srinivas Twitter Account  Harsha Srinivas News  Harsha Srinivas on Facebook
Chief Technical Officer
Tyler Conant
  Tyler Conant LinkedIn Profile  Tyler Conant Twitter Account  Tyler Conant News  Tyler Conant on Facebook
Co-Founder
Prasad Mahendra
  Prasad Mahendra LinkedIn Profile  Prasad Mahendra Twitter Account  Prasad Mahendra News  Prasad Mahendra on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/3/2022: Prisma venture capital transaction
Next: 5/3/2022: Toplyne venture capital transaction

 

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About Our VC Transactions Data

Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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