Tech Company Financing Transactions
8fig Funding Round
8fig secured a $140 million Series B investment round on 5/9/2023. Backers included Battery Ventures, Hetz Ventures and Jesselson Capital.
Transaction Overview
Company Name
Announced On
5/9/2023
Transaction Type
Venture Equity
Amount
$140,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to expand its growth efforts and scale its funding capabilities to support an increasing number of ecommerce businesses, and to implement enhanced financial management capabilities with new banking solutions and cash flow prediction models that will include alerts and insights based on business performance.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
11801 Domain Blvd. 3rd Floor
Austin, TX 78758
USA
Austin, TX 78758
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded in 2020, 8fig's team consists of veteran e-comm, finance, and supply chain experts in Los Angeles, California, Austin, Texas and Tel Aviv, Israel. Together, we're committed to our mission of propelling 10,000 sellers to 8-figure revenue by 2025.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Yaron Shapira
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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