Tech Company Financing Transactions
Charm Solutions Funding Round
Charm Solutions, operating out of Menlo Park, secured $3.5 million from BootstrapLabs.
Transaction Overview
Company Name
Announced On
4/18/2023
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors
BootstrapLabs (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
535 Middlefield Rd 280
Menlo Park, CA 94025
USA
Menlo Park, CA 94025
USA
Phone
Undisclosed
Website
Email Address
Overview
The small business lending process is hampered by insufficient use of data, with outdated technology and business models that have not changed in over a decade. As a result, business owners are faced with limited and unsatisfactory options. At the outset of our journey as a direct lender for small businesses, we initiated our foray into technology by building a comprehensive database that documents the performance of small business loans over the span of 30 years. This extensive database includes the financial statement histories of millions of companies from various parts of the world, enabling us to pinpoint the crucial indicators of creditworthiness.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jacob Malmborg
Chief Operating Officer
Cecilia Ardström
Chief Technical Officer
Ola Sambergs
Co-Founder
John Donovan
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