Tech Company Financing Transactions
Cheddar Checking Funding Round
On 9/7/2016, Cheddar Checking raised $10 million in funding from Lightspeed Venture Partners, Comcast Ventures and Ribbit Capital.
Transaction Overview
Company Name
Announced On
9/7/2016
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Lightspeed Venture Partners (Lead Investor) (Jeremy Liew)
Comcast Ventures (Sam Landman)
Ribbit Capital (Micky Malka)
Proceeds Purpose
We'll use this capital to become a full-fledged live, linear cable network, except not on cable, but rather leading social and OTT services," said Jon Steinberg, founder and CEO of Cheddar.
Company Information
Company Status
Out of Business
Industry
FinTech
Mailing Address
Undisclosed
Redwood City, CA 94061
USA
Redwood City, CA 94061
USA
Phone
Undisclosed
Website
Email Address
Overview
Cheddar is a better checking account. It gives you a complete picture of your finances and lets you put your money where it needs to be. We built Cheddar to help us manage our complex financial lives. Other aggregation tools show you where your money is but don't help you make decisions or take action.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alex Fryer
Chief Technical Officer
Brian Brunner
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We record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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