Tech Company Financing Transactions
Fence Funding Round
Semantic Ventures, Actyus and Crane Earth joined a $2 million Seed funding round for Fence. The round was announced by the company on 11/20/2023.
Transaction Overview
Company Name
Announced On
11/20/2023
Transaction Type
Venture Equity
Amount
$1,960,000
Round
Seed
Investors
Proceeds Purpose
With the fresh capital, Fence will continue to invest in development and technology, as well as expand its operations to serve more banks, private debt funds and fintechs across Europe.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Paseo Habana, 200 Floor 1 D
Madrid, 28036
Spain
Madrid, 28036
Spain
Phone
Undisclosed
Website
Email Address
Overview
Developer of an asset-backed debt facility management platform designed to automate debt facility operations like reporting and payments between lenders and borrowers. The company offers programmable debt integration in the back office via API for data transfer, capital requests, and more and also enhances capital efficiency with quick settlements by automated & real-time reporting, enabling users to replace spreadsheets, PDFs, emails and traditional finance rails with blockchain-based infrastructure to save time and money when managing debt.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Juan Montero
Chief Operating Officer
Ignacio Rosario Carrera
Chief Technical Officer
Gonzalo Bandeira
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