Tech Company Financing Transactions
SoMoLend Funding Round
SoMoLend, operating out of Cleveland, secured $400 thousand from QED Investors.
Transaction Overview
Company Name
Announced On
3/6/2013
Transaction Type
Venture Equity
Amount
$400,000
Round
Undisclosed
Investors
QED Investors (Frank Rotman)
Proceeds Purpose
The investment will be used to further enhance the software platform, including the addition of social networking features, as well as expand marketing and customer acquisition efforts and develop fund-raising tools and education programs.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1660 West 2nd St. 1100
Cleveland, OH 44113
USA
Cleveland, OH 44113
USA
Phone
Website
Email Address
Not Recorded
Overview
SoMoLend is a company developing a peer-to-peer lending platform for small businesses.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Candace Klein
Chief Marketing Officer
Christine Hawkins
Chief Technical Officer
Michael Hawkins
VP - Operations
Christopher Calvert
VP - Product Management
Eric Elias
VP - Sales
Cheryl Stamm
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