Tech Company Financing Transactions
Wahed Funding Round
On 11/2/2017, Wahed raised $2 million in Seed funding from BECO Capital and Cue Ball Group.
Transaction Overview
Company Name
Announced On
11/2/2017
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
BECO Capital (Amir Farha)
Cue Ball Group (Ali Rahimtula)
Proceeds Purpose
The company is announcing the ability for clients to rollover 401(k) and IRA assets onto the Wahed investing platform. Wahed will also enable people in the UK to similarly invest in halal-compliant entities by the end of 2017.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
12 E. 49th St. 11th Floor
New York, NY 10017
USA
New York, NY 10017
USA
Phone
Website
Email Address
Overview
Our mission is simple: to provide an efficient, reliable, and truly accessible Shari'ah compliant investment platform to investors across North America.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Junaid Wahedna
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Where The Data Comes From
Our team works diligently to report on tech company VC transactions. 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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