Tech Company Financing Transactions
Franklin Funding Round
On 4/4/2023, Franklin raised $2.9 million in financing from CMT Digital Ventures, gumi Cryptos Capital and Arca Capital.
Transaction Overview
Company Name
Announced On
4/4/2023
Transaction Type
Venture Equity
Amount
$2,900,000
Round
Undisclosed
Investors
CMT Digital Ventures (Lead Investor)
gumi Cryptos Capital (Lead Investor)
Proceeds Purpose
Franklin's payroll software is designed for small to mid-size businesses that want to be able to pay their employees in cryptocurrency.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Toronto, Ontario, Undisclosed
CA
Toronto, Ontario, Undisclosed
CA
Phone
Undisclosed
Website
Email Address
Overview
Pay your team in cash & crypto! We've got your back (office). Developer of a payroll tool intended for making employee payments. The company's platform allows users to pay their workers in cash and crypto in an automated, tax-compliant way, HR management, make expense reimbursement payments, and pay vendors, enabling employers to set up their organization and worker payments in an organized and easy manner.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eric Brown
Chief Technical Officer
Shaan Savarirayan
Co-Founder
Megan Knab
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We report on funding rounds that are announced publicly. All VC database entries on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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