Tech Company Financing Transactions
SUMA Wealth Funding Round
Radicle Impact, American Heart Association and Chingona Ventures participated in a $2.2 million funding round for SUMA Wealth. The funding round was announced on 2/6/2024.
Transaction Overview
Company Name
Announced On
2/6/2024
Transaction Type
Venture Equity
Amount
$2,200,000
Round
Undisclosed
Investors
Proceeds Purpose
This new funding will go toward the Intellecto acquisition as well on new hires across engineering, product and sales.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Los Angeles, CA 90017
USA
Los Angeles, CA 90017
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
SUMA is a digital platform to teach the Latinx Community how to build and sustain wealth. SUMA is a revolutionary financial inclusion brand that inspires, informs and empowers the Latinx community. Suma uses the holistic approach of digital media, fin-tech and virtual experiences to spice up dry and complex topics of investment, debt management, and creating and sustaining wealth.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Xavier Gutierrez
Chief Executive Officer
Beatríz Acevedo
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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