Tech Company Financing Transactions
Beanstack Funding Round
Beanstack, based in Washington, raised $1.5 million from Riverside Acceleration Capital, private investors and Kapor Capital.
Transaction Overview
Company Name
Announced On
1/22/2025
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Undisclosed
Investors
Riverside Acceleration Capital (Lead Investor)
private investors (Mark Cuban)
Proceeds Purpose
The company intends to use the funds to accelerate its growth model and to further invest in its "Reading Culture Trailblazer" client marketing program.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
Undisclosed
Washington, DC Undisclosed
USA
Washington, DC Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
The early idea for our company came one night when we were reading a book to our 2-year-old son and soon-to-be big brother. We started a book-of-the-month business focusing on non-traditional genres and interests, and quickly found many supportive and enthusiastic backers--including Mark Cuban after a "Shark Tank" appearance. Not long after, however, we realized we needed to reimagine our business model to be truly successful and reach more readers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Jordan Bookey
Founder
Felix Lloyd
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We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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