Tech Company Financing Transactions
Finvest Funding Round
Finvest secured a $2.7 million funding round on 1/31/2024. Investors included Bayhouse Capital, Fractal and private investors.
Transaction Overview
Company Name
Announced On
1/31/2024
Transaction Type
Venture Equity
Amount
$2,700,000
Round
Undisclosed
Investors
Proceeds Purpose
Bharuka plans to use the funding to expand Get Moving's engineering team and eventually add other asset classes to the Finvest app, for example, corporate bonds and municipal bonds.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
95 Third Street, 2nd Floor
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Undisclosed
Website
Email Address
Overview
In the peak of 2021, like a lot of people, we invested our money in technology stocks, cryptocurrencies because it felt like everything was just going to go up forever. It turns out the US economy was living an anomalous time - a zero interest rate environment. Once interest rates and inflation rose, the whole market crashed. We lost a lot of money like a lot of people.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shivam Bharuka
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Where The Data Comes From
We report on all VC transactions involving tech companies. VC transactions on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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