Tech Company Financing Transactions
Stax Funding Round
Stax closed a $5.5 million investment round on 10/25/2017. Backers included Fulcrum Equity Partners.
Transaction Overview
Company Name
Announced On
10/25/2017
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds for continued product and technological developments, marketing, and customer acquisition.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
100 S Orange Ave. 400
Orlando, FL 32801
USA
Orlando, FL 32801
USA
Phone
Website
Email Address
Overview
Stax (formerly Fattmerchant( provides a merchant service offering unlimited payment processing at direct cost for a flat monthly membership and no contract. The company, which currently has 25 employees, has plans to build a new suite of technology tools for customers, featuring an advanced mobile platform.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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