Tech Company Financing Transactions

Need Funding Round

Private investors and Venista Ventures participated in a $500 thousand Seed venture round for Need. The financing round closed on 5/28/2014.

Transaction Overview

Company Name
Announced On
5/28/2014
Transaction Type
Venture Equity
Amount
$500,000
Round
Seed
Investors

private investors (Lead Investor) (Gregory Abbott)

private investors (Lead Investor) (Imran Sheikh)

Venista Ventures

Proceeds Purpose
The capital will be used for hiring, building out Need's proprietary technology, and launching localized retail and editorial products for cities in the U.S. and abroad.

Company Information

Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
211 N. Ervay St. 450
Dallas, TX 75201
USA
Email Address
Overview
Need is a one-of-a-kind men's publication, retailer, and subscription service launching later this year.
Profile
Need LinkedIn Company Profile
Social Media
Need Company Twitter Account
Company News
Need News
Facebook
Need on Facebook
YouTube
Need on YouTube

Management Team

Title
Name
Email & Social
Chief Operating Officer
Kari Jones
  Kari Jones LinkedIn Profile  Kari Jones Twitter Account  Kari Jones News  Kari Jones on Facebook
Founder
Matt Alexander
  Matt Alexander LinkedIn Profile  Matt Alexander Twitter Account  Matt Alexander News  Matt Alexander on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/28/2014: Naiku venture capital transaction
Next: 5/28/2014: Mustbin venture capital transaction

 

Share this article

 


Where The Data Comes From

We report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary