Tech Company Financing Transactions
MPOWER Financing Funding Round
MPOWER Financing secured a $500 thousand funding round on 6/1/2017. Investors included 1776.
Transaction Overview
Company Name
Announced On
6/1/2017
Transaction Type
Venture Equity
Amount
$500,000
Round
Undisclosed
Investors
1776 (Evan Burfield)
Proceeds Purpose
The bridge financing is in advance of MPOWER's planned Series B round this summer.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1875 Connecticut Ave. NW 10th Floor
Washington, DC 20009
USA
Washington, DC 20009
USA
Phone
Website
Email Address
Overview
MPOWER's mission is to remove financial barriers to higher education in the U.S. To accomplish this mission, MPOWER works with investors and universities to lend to high-potential students who are left out by traditional banks.
Management Team
Title
Name
Email & Social
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Our team works diligently to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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