Tech Company Financing Transactions

Balance Funding Round

Forerunner Ventures, Avid Ventures and Gramercy Ventures participated in a $56 million Series B venture round for Balance. The financing round was announced on 7/26/2022.

Transaction Overview

Company Name
Announced On
7/26/2022
Transaction Type
Venture Equity
Amount
$56,000,000
Round
Series B
Proceeds Purpose
Balance will use this funding to expand its offerings to new, global eCommerce platforms and enable B2B merchants to grow their digital revenue.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
2261 Market St. 4149
San Francisco, CA 94114
USA
Phone
Undisclosed
Email Address
Overview
At PayPal and throughout our careers, we saw the frustration of consumers, turning business owners, to purchase online. On the other side of the transaction, B2B merchants were unable to complete the transition to the online space, being stuck with offline transaction processing.
Profile
Balance LinkedIn Company Profile
Social Media
Balance Company Twitter Account
Company News
Balance News
Facebook
Balance on Facebook
YouTube
Balance on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Bar Geron
  Bar Geron LinkedIn Profile  Bar Geron Twitter Account  Bar Geron News  Bar Geron on Facebook
Chief Technical Officer
Yoni Shuster
  Yoni Shuster LinkedIn Profile  Yoni Shuster Twitter Account  Yoni Shuster News  Yoni Shuster on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/25/2022: Bandit venture capital transaction
Next: 7/26/2022: Save Your Wardrobe venture capital transaction

 

Share this article

 


About Our VC Transactions Data

We do our best to record all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary