Tech Company Financing Transactions

Embrace.io Funding Round

Embrace.io, operating out of Culver City, secured $20 million in funding from New Enterprise Associates, AV8 Ventures and Eniac Ventures.

Transaction Overview

Company Name
Announced On
7/14/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to accelerate product innovation.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
Undisclosed
Culver City, CA 90066
USA
Phone
Undisclosed
Email Address
Overview
Embrace.io is a group of Los Angeles-based data junkies who have built top-grossing apps. They are supported by mobile-focused investors, including leaders from Parse, Burstly / Testflight, MoPub, and Scopely, who are familiar with the pain of building, releasing, and running large-scale mobile apps.
Profile
Embrace.io LinkedIn Company Profile
Social Media
Embrace.io Company Twitter Account
Company News
Embrace.io News
Facebook
Embrace.io on Facebook
YouTube
Embrace.io on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Eric Futoran
  Eric Futoran LinkedIn Profile  Eric Futoran Twitter Account  Eric Futoran News  Eric Futoran on Facebook
Co-Founder
Fredric Newberg
  Fredric Newberg LinkedIn Profile  Fredric Newberg Twitter Account  Fredric Newberg News  Fredric Newberg on Facebook
Co-Founder
Maggie Shih
  Maggie Shih LinkedIn Profile  Maggie Shih Twitter Account  Maggie Shih News  Maggie Shih on Facebook


 

 

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About Our Venture Capital Transactions Database

Our team works diligently to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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