Tech Company Financing Transactions
Tradeblock by Astrolabs Funding Round
On 8/25/2022, Tradeblock by Astrolabs received $8.9 million in financing from Concrete Rose Capital, Courtside Ventures and Trinity Ventures.
Transaction Overview
Company Name
Announced On
8/25/2022
Transaction Type
Venture Equity
Amount
$8,900,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to further invest in growth in its sneaker business as well as expanding and improving its authentication and logistics operation, which involves inspecting and authenticating shoes from both sides of the trade simultaneously in a complex and interconnected process. Additionally, Tradeblock will be investing in more data science capabilities to enhance the customer experience as it continues to define the virtual bartering experience by developing the marketplace further.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Undisclosed
Houston, TX Undisclosed
USA
Houston, TX Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Tradeblock provides the community with an easy and secure way to trade and use their kicks as currency.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 8/25/2022: Hera Biotech venture capital transaction
Next: 8/25/2022: BalkanID venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs