Tech Company Financing Transactions

PayNearMe Funding Round

GSV Capital, August Capital and Khosla Ventures invested in a $20 million Series E capital raise for PayNearMe. The round was announced by the company on 2/6/2014.

Transaction Overview

Company Name
Announced On
2/6/2014
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series E
Investors

GSV Capital (Lead Investor)

August Capital (David Hornik)

Khosla Ventures (David Weiden)

Maveron (Daniel Levitan)

True Ventures (Jon Callaghan)

Proceeds Purpose
PayNearMe will use the funds to continue expansion into existing categories while launching into new vertical markets.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
292 Gibraltar Dr. 104
Sunnyvale, CA 94089
USA
Email Address
Overview
PayNearMe enables consumers to pay conveniently with cash for a wide variety of goods and services from leading companies in e-commerce, direct response and catalog marketing, consumer finance and beyond at a local store, starting with more than 6,000 7-Eleven stores across the United States.
Profile
PayNearMe LinkedIn Company Profile
Social Media
PayNearMe Company Twitter Account
Company News
PayNearMe News
Facebook
PayNearMe on Facebook
YouTube
PayNearMe on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Danny Shader
  Danny Shader LinkedIn Profile  Danny Shader Twitter Account  Danny Shader News  Danny Shader on Facebook
Chief Technical Officer
Kurt Thams
  Kurt Thams LinkedIn Profile  Kurt Thams Twitter Account  Kurt Thams News  Kurt Thams on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/6/2014: ThoughtSpot venture capital transaction
Next: 2/6/2014: Lumos Pharma venture capital transaction

 

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About Our Venture Capital Transactions Database

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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