Tech Company Financing Transactions
Bloom Finance Company Funding Round
SixThirty invested in a $7 million Series A funding round for Bloom Finance Company. The round was announced on 5/19/2023.
Transaction Overview
Company Name
Announced On
5/19/2023
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series A
Investors
SixThirty (Lead Investor)
Proceeds Purpose
Bloom will use the new funding to accelerate its investments in product and process innovation, and continue its geographic expansion.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
147 Liberty St
Toronto, ON, M6K 3G3
CA
Toronto, ON, M6K 3G3
CA
Phone
Website
Email Address
Overview
Bloom was founded in 2019, with the belief that 55+ Canadians could increasingly flourish in retirement if they looked to the wealth in their homes as part of their overall retirement strategy. We believe that unlocking home equity can and should be a simpler, friendlier process, and that Canadians will increasingly view home equity release as a mainstream solution to support retirement. Our mission is to help 55+ homeowners find financial flexibility in what should be the springtime of their lives.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ben McCabe
Chief Operating Officer
Vishal Gulati
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are derived from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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