Tech Company Financing Transactions

SoFi Funding Round

SoFi, based in San Francisco, secured $1 billion from SBNY, Baseline Ventures and DCM Ventures.

Transaction Overview

Company Name
Announced On
8/24/2015
Transaction Type
Venture Equity
Amount
$1,000,000,000
Round
Series E
Investors

SBNY (Lead Investor) (Nikesh Arora)

Baseline Ventures

DCM Ventures (David Chao)

IVP (Sandy Miller)

Renren

Third Point

Wellington Financial

Proceeds Purpose
The funding will accelerate SoFi's growth as the primary financial services partner for high achieving consumers disenchanted with traditional banking. The Series E funding will fuel SoFi's growth in product innovation, delivery, community value and team.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
1 Letterman Dr. Building A 4700
San Francisco, CA 94129
USA
Email Address
Overview
Founded in 2011, SoFi is building an innovative marketplace to fix finance -- starting with the broken $1T student loan industry. Today, SoFi connects alumni borrowers and investors to refinance private and federal student loans.
Profile
SoFi LinkedIn Company Profile
Social Media
SoFi Company Twitter Account
Company News
SoFi News
Facebook
SoFi on Facebook
YouTube
SoFi on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Anthony Noto
  Anthony Noto LinkedIn Profile  Anthony Noto Twitter Account  Anthony Noto News  Anthony Noto on Facebook
Chief Financial Officer
Michelle Gill
  Michelle Gill LinkedIn Profile  Michelle Gill Twitter Account  Michelle Gill News  Michelle Gill on Facebook
Chief Marketing Officer
Joanne Bradford
  Joanne Bradford LinkedIn Profile  Joanne Bradford Twitter Account  Joanne Bradford News  Joanne Bradford on Facebook
Chief Technical Officer
Tony Donohoe
  Tony Donohoe LinkedIn Profile  Tony Donohoe Twitter Account  Tony Donohoe News  Tony Donohoe on Facebook
Vice President
Ashish Jain
  Ashish Jain LinkedIn Profile  Ashish Jain Twitter Account  Ashish Jain News  Ashish Jain on Facebook
VP - Bus. Development
William Tanona
  William Tanona LinkedIn Profile  William Tanona Twitter Account  William Tanona News  William Tanona on Facebook
VP - General Counsel
Robert Lavet
  Robert Lavet LinkedIn Profile  Robert Lavet Twitter Account  Robert Lavet News  Robert Lavet on Facebook
VP - Human Resources
Anna Avalos
  Anna Avalos LinkedIn Profile  Anna Avalos Twitter Account  Anna Avalos News  Anna Avalos on Facebook
VP - Operations
Richard Garside
  Richard Garside LinkedIn Profile  Richard Garside Twitter Account  Richard Garside News  Richard Garside on Facebook
VP - Product Management
Assaf Ronen
  Assaf Ronen LinkedIn Profile  Assaf Ronen Twitter Account  Assaf Ronen News  Assaf Ronen on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/24/2015: Cartogram venture capital transaction
Next: 8/24/2015: Exela Pharma Sciences venture capital transaction

 

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