Tech Company Financing Transactions
Receipt Bank Funding Round
On 7/21/2017, Receipt Bank raised $50 million in Series B financing from Insight Venture Partners.
Transaction Overview
Company Name
Announced On
7/21/2017
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors
Insight Venture Partners (Brad Twohig)
Proceeds Purpose
The investment will be used to accelerate the growth of the company and to further develop its products.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1805 7th St. NW 8th Floor
Washington, DC 20001
USA
Washington, DC 20001
USA
Phone
Website
Email Address
Not Recorded
Overview
Receipt Bank is revolutionising bookkeeping for thousands of accounting and bookkeeping firms and tens of thousands of small business customers globally, using award winning AI and automation to unlock the value of bookkeeping and real-time accounting.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alexis Prenn
Co-Founder
Michael Wood
VP - Bus. Development
Damien Greathead
Browse more venture capital transactions:
Prev: 7/21/2017: Lvl5 venture capital transaction
Next: 7/21/2017: GTxcel venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to report on every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs