Tech Company Financing Transactions
Braid Network Funding Round
Braid Network closed a $10 million funding round on 10/10/2023. Investors included Accel Partners and Index Ventures.
Transaction Overview
Company Name
Announced On
10/10/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Accel Partners (Lead Investor)
Index Ventures (Lead Investor)
Proceeds Purpose
Despite finding a new sponsor bank, Braid continued to struggle. One of the biggest takeaways from her experience, Peyton said, was that leveraging third-party software would not necessarily help the company move faster and focus on its core offering.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
P.O. Box 411689
San Francisco, CA 94141
USA
San Francisco, CA 94141
USA
Phone
Undisclosed
Website
Email Address
Overview
My money, your money, their money. What about our money? Vibrant communities are built by pooling resources. But when it comes to sharing money, we're stuck with tools designed for individual use. As a result, sharing money is often complicated and opaque. Build tools to make pooling money simple, transparent and safe.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Amanda Peyton
Browse more venture capital transactions:
Prev: 10/10/2023: Korio venture capital transaction
Next: 10/10/2023: Thread - Autonomous Inspection venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs