Tech Company Financing Transactions
Stellar Funding Round
On 12/2/2022, Stellar announced $20 million in Series B financing from Weatherford Capital, Alerion Ventures and Brick & Mortar Ventures.
Transaction Overview
Company Name
Announced On
12/2/2022
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Weatherford Capital (Lead Investor) (David Seider)
Proceeds Purpose
The company intends to use the funds to enhance its technology and platform, invest in talent in the areas of Operations, Sales, Marketing, and Technology, and expand into additional U.S. markets. U.S. market expansion is also on the horizon.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
185 Clara St.
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Undisclosed
Website
Email Address
Overview
When individuals have access to financial services and the confidence that those services are working in their best interest, those individuals can independently improve their lives. Yet the current financial system is too costly and complicated, leaving millions of people on the sidelines.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joyce Kim
Chief Scientific Officer
David Mazières
Chief Technical Officer
Nicolas Barry
Chief Technical Officer
Greg Brockman
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We do our best to record tech company VC transactions. All VC database entries reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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