Tech Company Financing Transactions
SoFi Funding Round
SoFi, based in San Francisco, secured $500 million from Qatar Investment Authority and private investors.
Transaction Overview
Company Name
Announced On
5/30/2019
Transaction Type
Venture Equity
Amount
$500,000,000
Round
Undisclosed
Investors
Qatar Investment Authority (Lead Investor)
private investors (Anthony Noto)
Proceeds Purpose
The company plans to use the funds to continue to invest in its growth and strengthen its balance sheet to total capital of $2.3 billion.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1 Letterman Dr. Building A 4700
San Francisco, CA 94129
USA
San Francisco, CA 94129
USA
Phone
Website
Email Address
Overview
Founded in 2011, SoFi is building an innovative marketplace to fix finance -- starting with the broken $1T student loan industry. Today, SoFi connects alumni borrowers and investors to refinance private and federal student loans.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Anthony Noto
Chief Financial Officer
Michelle Gill
Chief Marketing Officer
Joanne Bradford
Chief Technical Officer
Tony Donohoe
Vice President
Ashish Jain
VP - Bus. Development
William Tanona
VP - General Counsel
Robert Lavet
VP - Human Resources
Anna Avalos
VP - Operations
Richard Garside
VP - Product Management
Assaf Ronen
Browse more venture capital transactions:
Prev: 5/29/2019: Avalanche Technology venture capital transaction
Next: 5/30/2019: Welkin Health venture capital transaction
Share this article
Where The Data Comes From
We do our best to record every notable VC transaction. VC transactions reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs