Tech Company Financing Transactions

Adfone Funding Round

Private investors invested in a $7.5 million Seed funding round for Adfone. This venture round closed on 5/14/2020.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Proceeds Purpose
The company intends to use the funds to further develop its Play2Pay rewards solution and grow globally.

Company Information

Company Status
Private & Independent
Mailing Address
333 Las Olas Way
Fort Lauderdale, FL 33301
Email Address
Adfone is a mobile savings and rewards technology provider. We generate revenue from advertisers and share it with wireless carriers to reduce phone bills for mobile phone users. The Play2Pay™ platform allows mobile phone users around the world to access games, videos, offers, and surveys that earn points which are redeemable for bill credits, top-up vouchers, data, minutes and text bundles, and more.
Adfone LinkedIn Company Profile
Social Media
Adfone Company Twitter Account
Company News
Adfone News
Adfone on Facebook
Adfone on YouTube

Management Team

Email & Social
Chief Executive Officer
Brian Boroff
  Brian Boroff LinkedIn Profile  Brian Boroff Twitter Account  Brian Boroff News  Brian Boroff on Facebook
Chief Operating Officer
Rich Kroll
  Rich Kroll LinkedIn Profile  Rich Kroll Twitter Account  Rich Kroll News  Rich Kroll on Facebook
Chief Technical Officer
Jason Bishop
  Jason Bishop LinkedIn Profile  Jason Bishop Twitter Account  Jason Bishop News  Jason Bishop on Facebook
Daria Belardo
  Daria Belardo LinkedIn Profile  Daria Belardo Twitter Account  Daria Belardo News  Daria Belardo on Facebook
Vice President
Alex Hurd
  Alex Hurd LinkedIn Profile  Alex Hurd Twitter Account  Alex Hurd News  Alex Hurd on Facebook
VP - Bus. Development
Rodolfo Novarini
  Rodolfo Novarini LinkedIn Profile  Rodolfo Novarini Twitter Account  Rodolfo Novarini News  Rodolfo Novarini on Facebook
VP - Sales
Chris Liveing
  Chris Liveing LinkedIn Profile  Chris Liveing Twitter Account  Chris Liveing News  Chris Liveing on Facebook



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We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with, an affiliated venture.


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