Tech Company Financing Transactions
Punchh Funding Round
Punchh, based in San Mateo, secured $40 million in funding from Adams Street Partners, Sapphire Ventures and AllianceBernstein.
Transaction Overview
Company Name
Announced On
11/15/2019
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors
Adams Street Partners (Lead Investor) (Robin Murray)
Sapphire Ventures (Lead Investor) (Jai Das)
Proceeds Purpose
The new funding will be used to further augment Punchh's AI capabilities as it expands into new verticals such as convenience stores and other physical retail segments.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
1875 S. Grant St. 810
San Mateo, CA 94402
USA
San Mateo, CA 94402
USA
Phone
Website
Email Address
Overview
It all started when a restaurateur friend called and asked for marketing help. He was spending a lot on marketing -- TV, local newspaper ads, search engine marketing, social media -- but he had no idea if any of the tactics were working or which ones were most effective.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shyam Rao
Chief Financial Officer
Anish Mehta
Chief Technical Officer
Aditya Sanghi
VP - Bus. Development
Sastry Penumarthy
VP - Sales
Donald Wight
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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