Tech Company Financing Transactions

Deserve Funding Round

Deserve secured a $50 million Series C financing round on 11/5/2019. Investors included Goldman Sachs, Accel Partners and Aspect Ventures.

Transaction Overview

Company Name
Deserve
Announced On
11/5/2019
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series C
Investors

Goldman Sachs (Lead Investor) (Ashwin Gupta)

Accel Partners (Sameer Gandhi)

Aspect Ventures (Theresia Gouw)

Mission Holdings

Pelion Venture Partners (Blake Modersitzki)

Sallie Mae

Proceeds Purpose
The funds will be put toward Deserve's further development of what it calls its Card as a Service (CaaS) platform, which helps businesses, brands and others tailor credit card products to their own unique customer bases.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
PO Box 1286
Menlo Park, CA 94026
USA
Phone
(800) 418-2362
Website
www.deserve.com
Email Address
[email protected]
Overview
Deserve is a next generation analytics-based fintech company. Through machine learning and alternative data, Deserve is helping millennials and Gen Z's, the next wave of credit owners, gain financial independence through access to fair credit products.
Profile
Deserve LinkedIn Company Profile
Social Media
Deserve Company Twitter Account
Company News
Deserve News
Facebook
Deserve on Facebook
YouTube
Deserve on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kalpesh Kapadia
  Kalpesh Kapadia LinkedIn Profile  Kalpesh Kapadia Twitter Account  Kalpesh Kapadia News  Kalpesh Kapadia on Facebook
Chief Financial Officer
Mannan Latif
  Mannan Latif LinkedIn Profile  Mannan Latif Twitter Account  Mannan Latif News  Mannan Latif on Facebook
Chief Technical Officer
Cameron Gray
  Cameron Gray LinkedIn Profile  Cameron Gray Twitter Account  Cameron Gray News  Cameron Gray on Facebook
Vice President
Bert Friedman
  Bert Friedman LinkedIn Profile  Bert Friedman Twitter Account  Bert Friedman News  Bert Friedman on Facebook

 

 

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