Tech Company Financing Transactions
Teslar Software Funding Round
On 8/30/2019, Teslar Software raised $2 million in Seed funding from Independent Community Bankers of America.
Transaction Overview
Company Name
Announced On
8/30/2019
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to add staff to support growth and continue advancing the technology.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
4700 S. Thompson Ave. A-102
Springdale, AR 72764
USA
Springdale, AR 72764
USA
Phone
Website
Email Address
Overview
With Teslar, our SaaS solution, we create highly efficient banks. Our banks typically have an efficiency ratio that is 14% better than their peer groups. The desire to improve efficiency ratios is why banks partner with Teslar. Teslar is designed from the ground up to save time, improve accuracy of data and increase efficiency by making information more accessible for institutions of all sizes.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joseph Ehrhardt
VP - Client Services
Karen Gearhart
VP - Engineering
John McDaniel
VP - Human Resources
Spencer Presley
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Our team works diligently to report on tech company VC transactions. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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