Tech Company Financing Transactions
Dwolla Funding Round
Dwolla, based in Des Moines, raised $6.9 million in funding from Union Square Ventures, Detroit Venture Partners and Foundry Group.
Transaction Overview
Company Name
Announced On
1/21/2017
Transaction Type
Venture Equity
Amount
$6,850,000
Round
Undisclosed
Investors
Union Square Ventures (Lead Investor) (Albert Wenger)
Proceeds Purpose
The company says that it will be using the funds both hiring in sales, to be based out of its headquarters in Des Moines, Iowa.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
909 Locust St. 201
Des Moines, IA 50309
USA
Des Moines, IA 50309
USA
Phone
Website
Email Address
Not Recorded
Overview
Providing ACH payment services, instant bank verification, and a simple ACH transfer API. We make ACH processing easy for businesses and individuals.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ben Milne
Chief Operating Officer
Charise Flynn
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About Our Venture Capital Transactions Database
We record tech company VC transactions. VC investment data records reported here come from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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