Tech Company Financing Transactions
Rainforest Pay Funding Round
On 10/4/2023, Rainforest Pay announced $8.5 million in Seed funding from Accel Partners, Ardent Venture Partners and BoxGroup.
Transaction Overview
Company Name
Announced On
10/4/2023
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$8,500,000
Round
Seed
Investors
Proceeds Purpose
It's using the money to invest in the product in ways that will help software businesses "drive revenue and improve retention while enabling their customers to accept and send payments.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
4062 Peachtree Road NorthEast A-474
Brookhaven, GA 30319-3021
USA
Brookhaven, GA 30319-3021
USA
Phone
Undisclosed
Website
Email Address
Overview
Developer of a payment processing platform designed to monetize payments through a payments-as-a-service offering. The company's platform uses technology that helps embed payment integration into various systems with robust payment flows, embeddable components for payments, reporting, chargebacks, merchant onboarding, and more, enabling businesses to ease their payment acceptance and make standalone payouts.
Management Team
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About Database of VC Transactions
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