Tech Company Financing Transactions

Adalo Funding Round

On 5/19/2021, Adalo raised $8 million in Series A investment from Tiger Global Management, private investors and Oceans.

Transaction Overview

Company Name
Announced On
5/19/2021
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors

Tiger Global Management (Lead Investor)

private investors (Benjamin Tossell)

private investors (Jason Warner)

private investors (Wade Foster)

Oceans

OldSlip

Proceeds Purpose
The company plans on using the new funding to add to its 20-person staff -- possibly getting to 60 in 12 to 18 months.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
911 Washington Ave. 724
St. Louis, MO 63101
USA
Phone
Undisclosed
Email Address
Overview
We believe anyone one should be able to make an app, regardless of technical skill. Adalo is a platform that makes creating apps as easy as putting together a slide deck. Creating web and mobile apps traditionally required learning how to code, finding a technical cofounder, or raising a lot of capital.
Profile
Adalo LinkedIn Company Profile
Social Media
Adalo Company Twitter Account
Company News
Adalo News
Facebook
Adalo on Facebook
YouTube
Adalo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Adkin
  David Adkin LinkedIn Profile  David Adkin Twitter Account  David Adkin News  David Adkin on Facebook


 

 

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Prev: 5/19/2021: Back Market venture capital transaction
Next: 5/19/2021: Visionary.ai venture capital transaction

 

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Our team works diligently to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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