Tech Company Financing Transactions
Peach Finance Funding Round
On 9/15/2021, Peach Finance raised $20 million in Series A financing from Canapi Ventures, Caffeinated Capital and Moore Capital.
Transaction Overview
Company Name
Announced On
9/15/2021
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Canapi Ventures (Lead Investor) (Jeffrey Reitman)
SciFi VC (Alex Hartz)
Proceeds Purpose
The funding will support Peach's continued expansion within the massive and growing loan management and servicing market, including through new credit product launches, customer growth initiatives and increased hiring.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
490 43rd St. 10
Oakland, CA 94609
USA
Oakland, CA 94609
USA
Phone
Website
Email Address
Overview
Peach CEO Eddie Oistacher spent years building and scaling lending platforms for two top fintechs. In both cases, outsourced solutions were inadequate and outdated, forcing him to build loan servicing and loan management systems in-house.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eddie Oistacher
Chief Operating Officer
Gur Brosh
Chief Technical Officer
Eran Sandler
VP - General Counsel
Shara Chang
VP - Sales
Noah Trugman
Browse more venture capital transactions:
Prev: 9/15/2021: Pacaso venture capital transaction
Next: 9/15/2021: GrubMarket venture capital transaction
Share this article
About Our VC Transactions Data
Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs