Tech Company Financing Transactions
Sarna Funding Round
Simplex Ventures and Wedbush Securities participated in a $2.5 million Seed funding round for Sarna. The financing round was announced on 3/28/2023.
Transaction Overview
Company Name
Announced On
3/28/2023
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Simplex Ventures (Lead Investor)
Proceeds Purpose
The infusion of capital will help the firm bring its mobile investing app, currently in beta, to market in the United States this summer and in Europe at the end of 2023. The company will also continue building its best-in-class risk management engine for real-time customer buying power calculations that enables T+0 settlement.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
141 W Jackson Blvd 1710A
Chicago, IL 60604
USA
Chicago, IL 60604
USA
Phone
Undisclosed
Website
Email Address
Overview
All investments involve risks, including the possible loss of capital. Past Performance of a security does not guarantee futures results or returns. Please consider your investment objectives prior to investing. Options involve risks and are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Option trading privileges are subject to Sarna's approval and review. Please read the Characteristics and Risk of Standardized Options before trading options.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dominik Sarna
Browse more venture capital transactions:
Prev: 3/28/2023: Zorro venture capital transaction
Next: 3/28/2023: pH7 Technologies venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. VC transactions on this site are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs