Tech Company Financing Transactions
Stax Funding Round
Fulcrum Equity Partners and private investors participated in a $10.5 million Series C funding round for Stax. The round closed on 7/20/2018.
Transaction Overview
Company Name
Announced On
7/20/2018
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Series C
Investors
Fulcrum Equity Partners (Lead Investor) (Philip Lewis)
Proceeds Purpose
This recent round of funding allows Fattmerchant to propel the launch and distribution of a first-of-its-kind product in the latter stages of 2018 that will transform the way business owners manage their payments.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
100 S Orange Ave. 400
Orlando, FL 32801
USA
Orlando, FL 32801
USA
Phone
Website
Email Address
Overview
Stax (formerly Fattmerchant( provides a merchant service offering unlimited payment processing at direct cost for a flat monthly membership and no contract. The company, which currently has 25 employees, has plans to build a new suite of technology tools for customers, featuring an advanced mobile platform.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Suneera Madhani
Chief Operating Officer
Sal Rehmetullah
Chief Technical Officer
Jacques Fu
VP - Bus. Development
Lyndsey Lang
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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