Tech Company Financing Transactions
Backed Funding Round
Backed secured a $1.5 million Seed funding round on 12/8/2015. Backers included private investors.
Transaction Overview
Company Name
Announced On
12/8/2015
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Seed
Investors
Proceeds Purpose
Backed will use half of the funds to further develop its product and hire new staff and the rest for customer acquisition.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
175 Varick St. 101
New York, NY 10014
USA
New York, NY 10014
USA
Phone
Website
Email Address
Not Recorded
Overview
Backed provides young borrowers accessible loan products to launch their financial independence and build their credit score. Backed's proprietary technology enables parents, who already support their children financially, to Back their loan application and supposedly lend their children their credit score.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
George Popescu
Co-Founder
Gilad Woltsovitch
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