Tech Company M&A Transactions

Venmo Acquisition

Venmo was acquired by Braintree. The acquisition became public on 8/17/2012. Braintree said the transaction price was $26 million.

Transaction Overview

Company Name
Acquired By
Announced On
8/17/2012
Transaction Type
M&A
Amount
$26,000,000
M&A Terms
Financial terms of the transaction were not disclosed.

Company Information

Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
289 7th Ave
New York, NY 10001
USA
Email Address
Overview
Venmo is a social payment app and service that makes it fun and to pay friends. Venmo works via SMS messages, mobile iPhone and Android apps, or the Web. Users can leave notes and comments, push their payments to Venmo's social network and/or to Twitter, foursquare and Facebook.
Profile
Venmo LinkedIn Company Profile
Social Media
Venmo Company Twitter Account
Company News
Venmo News
Facebook
Venmo on Facebook
YouTube
Venmo on YouTube

Management Team

Title
Name
Email & Social
Chief Operating Officer
Mike Vaughan
  Mike Vaughan LinkedIn Profile  Mike Vaughan Twitter Account  Mike Vaughan News  Mike Vaughan on Facebook
Co-Founder
Andrew Kortina
  Andrew Kortina LinkedIn Profile  Andrew Kortina Twitter Account  Andrew Kortina News  Andrew Kortina on Facebook
Co-Founder
Iqram Magdon-Ismail
  Iqram Magdon-Ismail LinkedIn Profile  Iqram Magdon-Ismail Twitter Account  Iqram Magdon-Ismail News  Iqram Magdon-Ismail on Facebook
VP - Engineering
Shreyans Bhansali
  Shreyans Bhansali LinkedIn Profile  Shreyans Bhansali Twitter Account  Shreyans Bhansali News  Shreyans Bhansali on Facebook


 

 

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Where The Data Comes From

We document funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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