Tech Company Financing Transactions
FranShares Funding Round
Chicago Ventures and private investors participated in a $4.1 million Seed funding round for FranShares. The funding round was announced on 7/31/2024.
Transaction Overview
Company Name
Announced On
7/31/2024
Transaction Type
Venture Equity
Amount
$4,100,000
Round
Seed
Investors
Chicago Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the new capital to expand its business and launch a secondary marketplace later this year.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
405 W Superior Street 93
Chicago, IL 60654
USA
Chicago, IL 60654
USA
Phone
Undisclosed
Website
Email Address
Overview
FranShares is the first platform that makes franchise investing easy; We empower retail and institutional investors with the ability to seek diversification and passive income through franchise investing. Here's how we help do it.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kenny Rose
Chief Operating Officer
Brian Sigal
VP - Marketing
Brandon Sellers
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We do our best to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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