Tech Company Financing Transactions
Settle Funding Round
On 5/19/2021, Settle received $15 million in Series A funding from Kleiner Perkins Caufield & Byers, Background Capital and Caffeinated Capital.
Transaction Overview
Company Name
Announced On
5/19/2021
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Kleiner Perkins Caufield & Byers (Lead Investor) (Monica Weiss)
private investors (Avlok Kohli)
Proceeds Purpose
The company is planning to use its new capital in part to grow its team of 20, as well as raise more debt so that it can continue lending money to businesses.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
346 Barrett Dr. B5578
Stateline, NV 89449
USA
Stateline, NV 89449
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Our mission is to power the new economy. Building best-in-class tools to automate B2B payments and provide working-capital solutions for businesses. Commerce is experiencing a seismic shift. It's never been easier to create an online store or acquire new customers quickly and efficiently.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alek Koenig
Chief Technical Officer
Shane Moriah
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Where The Data Comes From
We document every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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