Tech Company Financing Transactions
Watercress Financial Funding Round
Watercress Financial, based in West Des Moines, secured $550 million from 26North Partners.
Transaction Overview
Company Name
Announced On
4/28/2026
Transaction Type
Debt
Amount
$550,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
2829 Westown Parkway 200
West Des Moines, IA 50266
USA
West Des Moines, IA 50266
USA
Phone
Website
Email Address
Overview
OUR MISSION: To provide home improvement professionals with a range of payment and financing products to help grow their business. To offer homeowners flexible payment solutions for a wide range of home improvement projects. To provide opportunities for our employees and business partners to meet their career and business objectives.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matt Melius
Chief Financial Officer
Heather Croucher
Chief Information Officer
Bob Hughes
President
Rob Young
Vice President
Chad Cosby
Vice President
Mina Deegan
Vice President
Mike Hegarty
Vice President
Brandon Nelson
VP - Customer Service
Danyel Peck
VP - Marketing
Susan Peter
VP - Sales
Kelsey Brown
VP - Sales
David Solis
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