Tech Company Financing Transactions
CollateralEdge Funding Round
Private investors and Perot Jain joined a $3.5 million Seed funding round for CollateralEdge. The funding round was announced on 10/22/2021.
Transaction Overview
Company Name
Announced On
10/22/2021
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors
private investors (Derek Alley)
private investors (Josh Baer)
private investors (Kneeland Youngblood)
private investors (Sheldon Stein)
Proceeds Purpose
The company will use its announced funding to expand its team and product capabilities and accelerate its go-forward strategy and partnerships with community and regional banks.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
3400 North Central Expressway 110-269
Richardson, TX 75080
USA
Richardson, TX 75080
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
CollateralEdge is an innovative fintech company that has developed a technology platform that provides community and regional banks with a flexible, automated risk management solution to efficiently increase lending capacity without compromising credit quality.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joseph Beard
President
Joel Radtke
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We record every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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