Tech Company Financing Transactions

Abra Funding Round

Abra, based in Mountain View, secured $55 million in investment from Blockchain Capital, Ignia Partners and American Express Ventures.

Transaction Overview

Company Name
Announced On
9/16/2021
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Series C
Proceeds Purpose
Abra's Series C financing will enable the company to further expand its world-class product team into new offerings for wealth management, trading, and payments; scale its marketing team; and develop the company's fast-growing high net worth and institutional sales offerings.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Mountain View Ln.
Mountain View, CA 92040
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
The Abra smartphone App combines on phone storage of digital cash with person to person cash transfers. Abra uses Bitcoin as the reserve currency.  The consumer never has to see Bitcoin nor understand what Bitcoin is, they just see USD, MXP, EUR, etc. Consumers and digital currency exchangers, called Abra Tellers, all use the same Abra app.
Profile
Abra LinkedIn Company Profile
Social Media
Abra Company Twitter Account
Company News
Abra News
Facebook
Abra on Facebook
YouTube
Abra on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
William Barhydt
  William Barhydt LinkedIn Profile  William Barhydt Twitter Account  William Barhydt News  William Barhydt on Facebook
Chief Technical Officer
Daryl Puryear
  Daryl Puryear LinkedIn Profile  Daryl Puryear Twitter Account  Daryl Puryear News  Daryl Puryear on Facebook
Vice President
Benjamin Liams
  Benjamin Liams LinkedIn Profile  Benjamin Liams Twitter Account  Benjamin Liams News  Benjamin Liams on Facebook
VP - Engineering
Willie Wang
  Willie Wang LinkedIn Profile  Willie Wang Twitter Account  Willie Wang News  Willie Wang on Facebook
VP - Marketing
Caroline Finch
  Caroline Finch LinkedIn Profile  Caroline Finch Twitter Account  Caroline Finch News  Caroline Finch on Facebook
VP - Sales
Robert Valdes-Rodriguez
  Robert Valdes-Rodriguez LinkedIn Profile  Robert Valdes-Rodriguez Twitter Account  Robert Valdes-Rodriguez News  Robert Valdes-Rodriguez on Facebook


 

 

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Prev: 9/16/2021: Relyance AI venture capital transaction
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Our team works diligently to report on every notable VC transaction. VC transactions reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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