Tech Company Financing Transactions
Raisin Funding Round
M&G Investments and Goldman Sachs joined a $64.7 million Series E funding round for Raisin. The round was announced on 3/24/2023.
Transaction Overview
Company Name
Announced On
3/24/2023
Transaction Type
Venture Equity
Amount
$64,695,000
Round
Series E
Investors
M&G Investments (Lead Investor)
Proceeds Purpose
The aim of the new investment, an educated guess might surmise that this undisclosed party is US-based. Having surpassed 1 million customers and claiming to be profitable for six months, the 11-year-old firm now turns its eyes to ramping up operations in the US market.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Cobden House 12-16 Mosley Street
Manchester, M2 3AQ
UK
Manchester, M2 3AQ
UK
Phone
Website
Email Address
Overview
Raisin enables savers and financial institutions to connect to our award-winning marketplaces across Europe and the U.S. As one company, we give customers access to more than 400 partner banks across 30+ countries.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steven Amos
Chief Financial Officer
Frank Freund
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We report on every notable VC transaction. VC investment data records 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.
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