Tech Company Financing Transactions

Vesta Funding Round

Vesta, operating out of Lake Oswego, secured $25 million in funding from Runway Growth Capital.

Transaction Overview

Company Name
Announced On
1/9/2023
Transaction Type
Debt
Amount
$25,000,000
Round
Undisclosed
Investors

Runway Growth Capital (Lead Investor)

Proceeds Purpose
The non-dilutive financing will provide Vesta with additional working capital to support growth.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
5400 Meadows Rd. 5th Floor
Lake Oswego, OR 97035
USA
Email Address
Overview
Vesta is the leader in stored value recharge services. Uniquely suited to stimulate customer loyalty in the telecom, financial services and retail industries, Vesta's solutions are designed to support credit card-not-present (CNP) transactions requiring real-time customer authentication and account recharge.
Profile
Vesta LinkedIn Company Profile
Social Media
Vesta Company Twitter Account
Company News
Vesta News
Facebook
Vesta on Facebook
YouTube
Vesta on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ron Hynes
  Ron Hynes LinkedIn Profile  Ron Hynes Twitter Account  Ron Hynes News  Ron Hynes on Facebook
Chief Financial Officer
Thomas Nebel
  Thomas Nebel LinkedIn Profile  Thomas Nebel Twitter Account  Thomas Nebel News  Thomas Nebel on Facebook
Chief Information Officer
Tan Truong
  Tan Truong LinkedIn Profile  Tan Truong Twitter Account  Tan Truong News  Tan Truong on Facebook
General Manager
Shabab Muhaddes
  Shabab Muhaddes LinkedIn Profile  Shabab Muhaddes Twitter Account  Shabab Muhaddes News  Shabab Muhaddes on Facebook
VP - Bus. Development
Rodrigo Naranjo
  Rodrigo Naranjo LinkedIn Profile  Rodrigo Naranjo Twitter Account  Rodrigo Naranjo News  Rodrigo Naranjo on Facebook
VP - Human Resources
Laura Stepp
  Laura Stepp LinkedIn Profile  Laura Stepp Twitter Account  Laura Stepp News  Laura Stepp on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/9/2023: Qritive venture capital transaction
Next: 1/9/2023: Spiral Therapeutics venture capital transaction

 

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About Database of VC Transactions

Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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