Tech Company Financing Transactions
Tandym Funding Round
Tandym closed a $60 million Seed funding round on 6/1/2022. Investors included Gradient Ventures.
Transaction Overview
Company Name
Announced On
6/1/2022
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$60,000,000
Round
Seed
Investors
Proceeds Purpose
With the raise, Tandym plans to increase brand awareness and hire an additional 10 people to its current 14-person team.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Chicago, IL 60642
USA
Chicago, IL 60642
USA
Phone
Website
Email Address
Overview
Spend any time talking to merchants, particularly small- and medium-sized businesses, and it won't take long before you hear about the high fees levied to process card payments. Why are these fees so high? Why do they only ever seem to go in one direction (up)? And, why are the world's largest merchants able to extract sweetheart deals from payment networks while everyone else has to pay full freight?
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jennifer Glaspie-Lundstrom
Chief Technical Officer
Sairam Rangachari
VP - Engineering
Erik Johnson
VP - Operations
Jorge Sikaffy
VP - Product Management
David Anderson
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