Tech Company Financing Transactions
Lendbuzz Funding Round
Group 1001, 83North and MUFG Innovation Partner participated in a $345 million funding round for Lendbuzz. The financing was announced on 10/4/2023.
Transaction Overview
Company Name
Announced On
10/4/2023
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$345,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to enhance investments in product innovation, research and development, and technology aimed at continuing to serve consumers and dealership partners.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
100 Summer St. 3150
Boston, MA 02110
USA
Boston, MA 02110
USA
Phone
Website
Email Address
Overview
Lendbuzz is a car financing platform that helps consumers with limited U.S. credit history to obtain financing for their car purchase. Driven by machine learning and statistical algorithms, Lendbuzz offers attractive terms to consumers that are overlooked and underserved by the traditional credit system.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Amitay Kalmar
Chief Technical Officer
Daniel Raviv
Vice President
Otkrist Gupta
VP - Bus. Development
Daisy Xu
VP - Engineering
Frank Pinto
VP - Sales
Hasan Güzel
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Next: 10/4/2023: FlexSea venture capital transaction
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We do our best to record every notable VC transaction. VC transactions reported here 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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