Tech Company Financing Transactions
Yotta Savings Funding Round
On 10/2/2020, Yotta Savings raised $3.3 million in Seed investment from CapitalX, Chapter One Ventures and FundersClub.
Transaction Overview
Company Name
Announced On
10/2/2020
Transaction Type
Venture Equity
Amount
$3,300,000
Round
Seed
Investors
Proceeds Purpose
The new funding will be used to build out a team, ahead of the growth, in the areas of engineering and customer support, as well as starting on some paid advertising.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
33 Irving Pl.
New York, NY 10003
USA
New York, NY 10003
USA
Phone
Undisclosed
Website
Email Address
Overview
Yotta was founded to help Americans become more financially secure. According to the Federal Reserve, 40% of Americans can't come up with $400 in an emergency. This leaves almost half the country in a financially vulnerable position.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adam Moelis
Chief Technical Officer
Benjamin Doyle
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