Tech Company Financing Transactions
Spectral Finance Funding Round
On 8/24/2022, Spectral Finance raised $23 million in funding from General Catalyst Partners, Social Capital and Circle Ventures.
Transaction Overview
Company Name
Announced On
8/24/2022
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Undisclosed
Investors
General Catalyst Partners (Lead Investor)
Social Capital (Lead Investor)
Proceeds Purpose
The fresh capital will be used to build out its credit scoring network and scale it over time.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
454 Pinebrook Boulevard
New Rochelle, NY 10804
USA
New Rochelle, NY 10804
USA
Phone
Undisclosed
Website
Email Address
Overview
Developer of a liquidity aggregation platform designed to decentralize the world of finance. The company's platform includes an on-chain credit scoring system and a novel collateral subsidization model, enabling users to identify a protocol for programmable creditworthiness.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sishir Varghese
Co-Founder
Srikar Varadaraj
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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