Tech Company Financing Transactions

First Dollar Funding Round

BVF Partners, Sandbox Industries and private investors participated in a $14 million Series A funding round for First Dollar. The round closed on 2/5/2022.

Transaction Overview

Company Name
First Dollar
Announced On
2/5/2022
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series A
Investors

BVF Partners (Lead Investor) (Michael Spadafore)

Sandbox Industries (Lead Investor)

private investors (Brian Gambs)

private investors (Fay Rotenberg)

private investors (Jonathan Bush)

private investors (Julia Cheek)

private investors (Marc Weiser)

private investors (Nick Soman)

private investors (Sean Joyce)

Meridian Street Capital

Next Coast Ventures

Proceeds Purpose
The Series A investment will fuel the expansion of the First Dollar Health Wallet platform into additional benefit types and further deepen First Dollar's technology-first advantage, adding to existing APIs, embeddable UX widgets, and best-in-class member workflows to get health plans started fast.

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
823 Congress Ave.
Austin, TX 78701
USA
Phone
(844) 204-4244
Website
www.firstdollar.com
Email Address
[email protected]
Overview
First Dollar founders Jason and Colin have dedicated their lives to making health care work better for humans. After selling a software company to athenahealth, they got a front-row seat in the healthcare industry and saw how it really wasn't built to serve people, especially when it comes to paying for healthcare. After leaving athenahealth, they created First Dollar to change that.
Profile
First Dollar LinkedIn Company Profile
Social Media
First Dollar Company Twitter Account
Company News
First Dollar News
Facebook
First Dollar on Facebook
YouTube
First Dollar on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jason Bornhorst
  Jason Bornhorst LinkedIn Profile  Jason Bornhorst Twitter Account  Jason Bornhorst News  Jason Bornhorst on Facebook
VP - Marketing
Jeremy Xavier
  Jeremy Xavier LinkedIn Profile  Jeremy Xavier Twitter Account  Jeremy Xavier News  Jeremy Xavier on Facebook
VP - Product Management
Colin Anawaty
  Colin Anawaty LinkedIn Profile  Colin Anawaty Twitter Account  Colin Anawaty News  Colin Anawaty on Facebook

 

 

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