Tech Company Financing Transactions
PennyOwl Funding Round
PennyOwl closed a $1.3 million Seed funding round on 6/5/2015. Backers included Enterprise Ireland, private investors and Silicon Valley Bank.
Transaction Overview
Company Name
Announced On
6/5/2015
Transaction Type
Venture Equity
Amount
$1,300,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to hire new people (it expects to create 30 jobs over the next three years) and grow its customer offering in the U.S. and other international markets.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
43 W 23rd St.
New York, NY 10010
USA
New York, NY 10010
USA
Phone
Undisclosed
Website
Email Address
Overview
At PennyOwl, we are creating a suite of tools that help parents start the money conversation. We give children a safe space to get real-world experience with saving and spending, and we stimulate thinking about money and good financial habits.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Seamus Matthews
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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