Tech Company Financing Transactions

Venn Funding Round

On 6/27/2019, Venn raised $40 million in Series A funding from Bridges Ventures, Hamilton Lane and Pitango Venture Capital.

Transaction Overview

Company Name
Announced On
6/27/2019
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series A
Investors

Bridges Ventures (Sandrine Montsma)

Hamilton Lane (Juan Delgado-Moreira)

Pitango Venture Capital (Chemi Peres)

Proceeds Purpose
Venn plans to use the investment to enhance R&D capabilities, refine Venn's replicable and scalable model for urban revitalization, and increase operations from three cities to multiple cities across the U.S. and Europe, with the goal of bringing Venn to millions of people in 100 cities by 2030.

Company Information

Company Status
Private & Independent
Industry
Real Estate
Mailing Address
786 Knickerbocker Ave.
Brooklyn, NY 11207
USA
Email Address
Not Recorded
Overview
We love the city. It keeps us energized and inspired. But we think city life can be done differently -- and better. It can be more affordable than the city center. It can have more open spaces for human connection. Within the madness of city life, we think you should be able to see friends more often, explore your interests, and make a positive impact in your neighborhood.
Profile
Venn LinkedIn Company Profile
Social Media
Venn Company Twitter Account
Company News
Venn News
Facebook
Venn on Facebook
YouTube
Venn on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
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We do our best to document every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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