Tech Company Financing Transactions
ForeverCar Funding Round
On 10/27/2016, ForeverCar secured $10 million in funding from CUNA Mutual Group, private investors and KDWC Ventures.
Transaction Overview
Company Name
Announced On
10/27/2016
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
It will use the money to add talent, particularly in data science and machine learning.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
820 West Jackson Blvd. 515
Chicago, IL 60607
USA
Chicago, IL 60607
USA
Phone
Website
Email Address
Overview
ForeverCar is an online web portal that enables consumers to purchase extended vehicle service contracts directly. These contracts are 100% backed by A.M. BEST, an A-rated insurance underwriter.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Hodes
Controller
Robyn Frazier
VP - Bus. Development
Jason Shapiro
VP - Engineering
Daniel Rothschild
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We do our best to document every notable VC transaction. VC transactions reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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