Tech Company Financing Transactions

Remitly Funding Round

Remitly closed a $5.5 million Series A financing round on 1/6/2014. Backers included QED Investors, Bezos Expeditions and Founder's Co-op.

Transaction Overview

Company Name
Announced On
1/6/2014
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Series A
Investors

QED Investors (Lead Investor) (Nigel Morris)

Bezos Expeditions

Founder's Co-op

TomorrowVentures

Trilogy Partnership

Proceeds Purpose
We're using this capital to accelerate our global growth and for hiring -- primarily marketing, product, and operations.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
1111 3rd Ave. 2100
Seattle, WA 98101
USA
Email Address
Overview
Remitly has changed the way to send money. We understand the pain of sending money abroad. We make things easier and faster, and work smarter so you can send more and pay less.
Profile
Remitly LinkedIn Company Profile
Social Media
Remitly Company Twitter Account
Company News
Remitly News
Facebook
Remitly on Facebook
YouTube
Remitly on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Matthew Oppenheimer
  Matthew Oppenheimer LinkedIn Profile  Matthew Oppenheimer Twitter Account  Matthew Oppenheimer News  Matthew Oppenheimer on Facebook
Chief Financial Officer
Susanna Morgan
  Susanna Morgan LinkedIn Profile  Susanna Morgan Twitter Account  Susanna Morgan News  Susanna Morgan on Facebook
Chief Marketing Officer
Robert Singer
  Robert Singer LinkedIn Profile  Robert Singer Twitter Account  Robert Singer News  Robert Singer on Facebook
Chief Operating Officer
Josh Hug
  Josh Hug LinkedIn Profile  Josh Hug Twitter Account  Josh Hug News  Josh Hug on Facebook
Co-Founder
Shivaas Gulati
  Shivaas Gulati LinkedIn Profile  Shivaas Gulati Twitter Account  Shivaas Gulati News  Shivaas Gulati on Facebook
VP - Customer Service
Rene Yoakum
  Rene Yoakum LinkedIn Profile  Rene Yoakum Twitter Account  Rene Yoakum News  Rene Yoakum on Facebook
VP - General Counsel
Saema Somalya
  Saema Somalya LinkedIn Profile  Saema Somalya Twitter Account  Saema Somalya News  Saema Somalya on Facebook
VP - Product Management
Karim Meghji
  Karim Meghji LinkedIn Profile  Karim Meghji Twitter Account  Karim Meghji News  Karim Meghji on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/6/2014: Good Technology venture capital transaction
Next: 1/6/2014: BlueCava venture capital transaction

 

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