Tech Company Financing Transactions
8fig Funding Round
8fig, operating out of Austin, secured $50 million from Battery Ventures, private investors and LocalGlobe.
Transaction Overview
Company Name
Announced On
11/22/2021
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$50,000,000
Round
Series A
Investors
Proceeds Purpose
8fig will use the funds to accelerate growth and expand its lending capabilities to more eCommerce businesses looking to realize their potential.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
11801 Domain Blvd. 3rd Floor
Austin, TX 78758
USA
Austin, TX 78758
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded in 2020, 8fig's team consists of veteran e-comm, finance, and supply chain experts in Los Angeles, California, Austin, Texas and Tel Aviv, Israel. Together, we're committed to our mission of propelling 10,000 sellers to 8-figure revenue by 2025.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Yaron Shapira
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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