Tech Company Financing Transactions

Step Mobile Funding Round

Step Mobile closed a $50 million Series B financing round on 12/3/2020. Investors included Coatue Management, Collaborative Fund and Crosslink Capital.

Transaction Overview

Company Name
Announced On
12/3/2020
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors

Coatue Management (Lead Investor) (Michael Gilroy)

Collaborative Fund (Taylor Greene)

Crosslink Capital (Eric Chin)

Dreamers VC

private investors (Andre Iguodala)

private investors (Charli D'Amelio)

private investors (Eli Manning)

private investors (Justin Timberlake)

private investors (Kelvin Beachum)

private investors (Larry Fitzgerald)

Stripe (Jordan Angelos)

The Chainsmokers

Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
400 Concar Dr.
San Mateo, CA 94402
USA
Phone
Undisclosed
Email Address
Overview
Step is the next generation financial services company building the best banking experience to help teens and young adults achieve financial independence and knowledge at an earlier age. Step is founded by a team with 50+ years in combined financial technology experience.
Profile
Step Mobile LinkedIn Company Profile
Social Media
Step Mobile Company Twitter Account
Company News
Step Mobile News
Facebook
Step Mobile on Facebook
YouTube
Step Mobile on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
CJ MacDonald
  CJ MacDonald LinkedIn Profile  CJ MacDonald Twitter Account  CJ MacDonald News  CJ MacDonald on Facebook
Chief Technical Officer
Alexey Kalinichenko
  Alexey Kalinichenko LinkedIn Profile  Alexey Kalinichenko Twitter Account  Alexey Kalinichenko News  Alexey Kalinichenko on Facebook


 

 

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Next: 12/3/2020: Virta Health venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.

 


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