Tech Company Financing Transactions
Sundae Funding Round
Sundae, based in El Segundo, secured $16.6 million in funding from QED Investors, Founders Fund and Susa Ventures.
Transaction Overview
Company Name
Announced On
7/1/2020
Transaction Type
Venture Equity
Amount
$16,550,000
Round
Series A
Investors
Proceeds Purpose
With this new funding, Sundae plans to expand to new markets across the U.S. to help more homeowners in need.
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
1730 E Holly Ave.
El Segundo, CA 90245
USA
El Segundo, CA 90245
USA
Phone
Website
Email Address
Overview
Sundae's mission is to help homeowners get the best outcome when it's time to sell a house that needs some love. For too long, the process for selling outdated and damaged houses has been terrible for sellers. Local property investors capitalize on homeowner distress to purchase houses cheap and resell them for huge profits.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 7/1/2020: ThinkData Works venture capital transaction
Next: 7/1/2020: DigniFi venture capital transaction
Share this article
News on VC Transactions
We do our best to document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs