Tech Company Financing Transactions
Tammac Funding Round
Tammac, operating out of Wilkes-Barre, secured $60 million in funding from LL Funds.
Transaction Overview
Company Name
Announced On
3/20/2019
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$60,000,000
Round
Undisclosed
Investors
LL Funds (James Morrissey)
Proceeds Purpose
The capital will be used to accelerate hiring, expand its loan product offerings and enhance its technology platform infrastructure to enable Tammac to streamline its loan application and origination process.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
100 Commerce Blvd. 200
Wilkes-Barre, PA 18702
USA
Wilkes-Barre, PA 18702
USA
Phone
Website
Email Address
Overview
Tammac was founded in 1976 by Robert Tambur as a financial service company that specialized in programs for the manufactured housing industry. From its inception, the company has forged a competitive niche for itself by demonstrating its responsiveness to customer needs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
President
Jeffrey Poth
Vice President
Christine Bowers
Vice President
MaryEllen Nawrocki
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Where The Data Comes From
We document all VC transactions involving tech companies. 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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