Tech Company Financing Transactions
Summer Funding Round
Avidbank Corporate Finance, BDMI and Calm/Storm Ventures participated in a $6 million Series A funding round for Summer. The round was announced on 4/25/2023.
Transaction Overview
Company Name
Announced On
4/25/2023
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand the reach of the platform.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
335 Madison Ave. 3rd Floor
New York, NY 10017
USA
New York, NY 10017
USA
Phone
Website
Email Address
Overview
Summer is a social enterprise helping student loan borrowers navigate the complex repayment process. Founded in partnership with Yale University, Summer partners with colleges and employers to provide borrowers with an innovative app to track their loans in one place and enroll them in the best repayment plan.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
William Sealy
Chief Operating Officer
Paul Joo
VP - Engineering
Matthew Molnar
VP - Product Management
Vincent Tran
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Where The Data Comes From
Our team works diligently to report on tech company VC transactions. VC investment data records reported here are derived from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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