Tech Company Financing Transactions
TrueAccord Funding Round
TrueAccord, based in San Francisco, received $22 million from Arbor Ventures, Assurant and Caffeinated Capital.
Transaction Overview
Company Name
Announced On
11/15/2017
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series B
Investors
Arbor Ventures (Lead Investor) (Melissa Guzy)
Proceeds Purpose
This additional investment will fund TrueAccord's strategic growth initiatives, including ongoing product development and innovation of its customer-focused platform, providing world-class audit and compliance functionality, continued expansion into vertical markets, client acquisition and retention, and hiring.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
303 2nd St. 750
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Website
Email Address
Overview
We know that debt happens to good people. After having been subjected to a collection process on a small amount and treated badly, we recognized that there's something inherently wrong with the way debt collection is done. We knew there was an opportunity to build something entirely new and fundamentally change the debt collection industry.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ohad Samet
Chief Operating Officer
Nadav Samet
Chief Technical Officer
Paul Lucas
VP - Client Services
Pej Azarm
VP - Finance
Lapis Kim
VP - Operations
Andrii Petrenko
VP - Product Management
Roger Lai
VP - Sales
Joe Gelbard
Browse more venture capital transactions:
Prev: 11/15/2017: Woo venture capital transaction
Next: 11/15/2017: WireWheel venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs