Tech Company Financing Transactions
Penny Funding Round
Social Capital participated in a $1.2 million Seed funding round for Penny. The round was announced on 5/25/2016.
Transaction Overview
Company Name
Announced On
5/25/2016
Transaction Type
Venture Equity
Amount
$1,200,000
Round
Seed
Investors
Proceeds Purpose
The startup will use the funding to hire one or two people to deepen their expertise in machine learning, a critical (but often forgotten) part of developing a bot.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
Undisclosed
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Undisclosed
Website
Email Address
Overview
Penny sends you beautiful tailored charts and insights to help you know how you're spending in real time. Avoid overdrafts and where did my money go? damage control.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Mitchell Lee
Co-Founder
Alex Quach
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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