Tech Company Financing Transactions
Elsen Funding Round
Hyperplane Venture Capital, Accomplice and LAUNCH Fund participated in a $2.4 million Seed funding round for Elsen. The financing round was announced by the company on 12/5/2017.
Transaction Overview
Company Name
Announced On
12/5/2017
Transaction Type
Venture Equity
Amount
$2,400,000
Round
Seed
Investors
Proceeds Purpose
The funds will be used to bolster sales and marketing, expand Elsen's engineering team, extend support services for existing customers, and integrate more premium financial data into its platform-as-a-service.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
179 South St.
Boston, MA 02111
USA
Boston, MA 02111
USA
Phone
Website
Email Address
Overview
A financial technology company, Elsen offers a scalable, reliable, secure platform for bringing massively-parallel processing to financial data. Complex time-series calculations like Monte Carlo simulations and other algorithms widely run in financial services for backtesting, pricing, and risk management are ideally suited to run in parallel.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Zac Sheffer
Chief Marketing Officer
Jane Hood
Co-Founder
Justin White
VP - Product Management
Ryan Johnson
VP - R & D
Andrew Breton
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Where The Data Comes From
We do our best to record tech company VC transactions. VC investment data records 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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