Tech Company Financing Transactions

Promise Network Funding Round

Promise Network closed a $25 million Series B funding round on 2/24/2022. Investors included The General Partnership, Bronze Investments and First Round Capital.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B
Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Mailing Address
436 14th St. 920
Oakland, CA 94612
Email Address
Promise helps reduce delinquencies and increase revenue while helping people pay off debt sooner and with fewer penalties. Our intuitive approach to zero interest installment plans and relief distribution leads to increased enrollment and a 95%+ recovery rate on scheduled payments.
Promise Network LinkedIn Company Profile
Social Media
Promise Network Company Twitter Account
Company News
Promise Network News
Promise Network on Facebook
Promise Network on YouTube

Management Team

Email & Social
Chief Executive Officer
Phaedra Ellis-Lamkins
  Phaedra Ellis-Lamkins LinkedIn Profile  Phaedra Ellis-Lamkins Twitter Account  Phaedra Ellis-Lamkins News  Phaedra Ellis-Lamkins on Facebook
Chief Executive Officer
Diana Frappier
  Diana Frappier LinkedIn Profile  Diana Frappier Twitter Account  Diana Frappier News  Diana Frappier on Facebook
VP - Administration
Caitlin Lewis
  Caitlin Lewis LinkedIn Profile  Caitlin Lewis Twitter Account  Caitlin Lewis News  Caitlin Lewis on Facebook



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Where The Data Comes From

We do our best to document funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from, an affiliated venture.


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