Tech Company Financing Transactions

Palm Funding Round

Palm, operating out of Hove, raised $6.1 million in investment from Speedinvest, Target Global and Greens Ventures.

Transaction Overview

Company Name

Palm

Announced On

9/4/2024

Transaction Type

Venture Equity

Amount

$6,100,000

Round

Seed

Investors

Speedinvest (Lead Investor)

Target Global (Lead Investor)

Greens Ventures

private investors (Job van der Voort)

private investors (Philippe da Mota)

Liquid 2 Ventures

Upfin

Proceeds Purpose

The company intends to use the funds to expand its team and is already hiring across product, engineering, and go-to-market functions.

Company Information

Company Status

Private & Independent

Industry

FinTech

Mailing Address

Kings House, 8 Queens Gardens 60
Hove, BN3 2QU
UK

Phone

Undisclosed

Website

www.usepalm.com

Email Address

[email protected]

Overview

Palm began with a promise to deliver excellent tooling to treasurers. To give them access to the latest technology to overhaul how they think about cash forecasting and reporting. Taking what is a critical business task from being a labour-intensive chore to a quick and automated process.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Gurjit Pannu

Founder

Christian Sobkowski

Browse more venture capital transactions:

Prev: 9/3/2024: ITC Federal venture capital transaction
Next: 9/4/2024: Tru Consulting venture capital transaction

Share this article

About Database of VC Transactions

We do our best to record every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary