Tech Company Financing Transactions
Finch Funding Round
Finch closed a $40 million Series B funding round on 2/22/2023. Investors included Altman Capital, Finch Capital and General Catalyst Partners.
Transaction Overview
Company Name
Announced On
2/22/2023
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to extend coverage to more payroll, HR and benefits systems, expand into new employment data verticals such as benefits administration and new functionality such as automating payroll operations, and grow its engineering, product and success teams to support rising demand for the Finch platform.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Website
Email Address
Overview
Finch, formally known as Trio, is an all-in-one checking and investing account that lets customers earn investment returns by automatically investing their checking balance into a portfolio designed to match their unique risk profile. Finch further pushes the envelope by enabling customers instant access to their money when they need it.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Neel Ganu
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We record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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