Tech Company Financing Transactions

Redeem Funding Round

Redeem closed a $2.5 million Seed funding round on 3/2/2023. Backers included Kenetic Capital, CMT Digital Ventures and Flyover Capital.

Transaction Overview

Company Name
Announced On
3/2/2023
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Proceeds Purpose
The startup will use the funds toward its second-quarter product launch and to continue building out the core technology.

Company Information

Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Kansas City, KS Undisclosed
USA
Phone
Undisclosed
Email Address
Overview
Developer of a Web3 technology intended to send and redeem non-fungible tokens (NFT). The company acts as a blockchain-agnostic connectivity layer and its core features allow users to access the universe of web3 in seconds with no prior crypto blockchain knowledge, enabling individuals to participate in web3 using just their phone numbers.
Profile
Redeem LinkedIn Company Profile
Social Media
Redeem Company Twitter Account
Company News
Redeem News
Facebook
Redeem on Facebook
YouTube
Redeem on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Toby Rush
  Toby Rush LinkedIn Profile  Toby Rush Twitter Account  Toby Rush News  Toby Rush on Facebook
Chief Operating Officer
Kenny Conklin
  Kenny Conklin LinkedIn Profile  Kenny Conklin Twitter Account  Kenny Conklin News  Kenny Conklin on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/2/2023: American Lithium Energy venture capital transaction
Next: 3/2/2023: Mapxus venture capital transaction

 

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About Database of VC Transactions

We do our best 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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