Tech Company Financing Transactions

Eco Funding Round

On 5/24/2021, Eco announced $26 million in funding from Andreessen Horowitz, private investors and Melo7 Tech Partners.

Transaction Overview

Company Name

Eco

Announced On

5/24/2021

Transaction Type

Venture Equity

Amount

$26,000,000

Round

Undisclosed

Investors

Andreessen Horowitz (Lead Investor)

private investors (Lead Investor) (Justin Blau)

private investors (Lead Investor) (Keisuke Honda)

private investors (Lead Investor) (Kelvin Beachum)

private investors (Lead Investor) (Larry Fitzgerald)

private investors (Lead Investor) (Sean Combs)

private investors (Lead Investor) (Tiffany Haddish)

Melo7 Tech Partners (Lead Investor)

Thirty Five Ventures (Lead Investor)

Proceeds Purpose

The company intends to use the funds to bring its products to the mass market.

Company Information

Company Status

Private & Independent

Industry

FinTech

Mailing Address

637 Natoma St. 9
San Francisco, CA 94103
USA

Phone

Undisclosed

Website

www.eco.com

Email Address

[email protected]

Overview

The Eco App is one simple balance that lets you spend, send, save and make money at the same time. You earn 5% cashback at the places you spend the most, and up to 5% on your balance the rest of the time. Soon, you'll also be able to pay your bills and send money to your friends, all from the same place.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Andrew Bromberg

Chief Operating Officer

Ryne Saxe

Co-Founder

Ryan Breslow

Co-Founder

Joey Krug

President

Henry Ault

VP - Engineering

Michael Gregson

VP - General Counsel

Nishi Gupta

VP - General Counsel

Noah Spaulding

Browse more venture capital transactions:

Prev: 5/24/2021: Portside venture capital transaction
Next: 5/24/2021: BatteryXchange venture capital transaction

Share this article

News on VC Transactions

We do our best to report on every notable VC transaction. 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.

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary