Tech Company Financing Transactions
AirTM Funding Round
AirTM, operating out of Mexico City, secured $7 million in funding from BlueYard Capital and private investors.
Transaction Overview
Company Name
Announced On
8/30/2018
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series A
Investors
BlueYard Capital (Lead Investor) (Jason Whitmire)
Proceeds Purpose
The funding will enable AirTM to execute on aggressive growth plans as the company expands its product offering to millions of people who are still largely held captive by restrictive, unreliable, and costly local financial industries run by archaic banking and government institutions.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Mexico City, Undisclosed
Mexico
Mexico City, Undisclosed
Mexico
Phone
Website
Email Address
Overview
AirTM founders Ruben, Ton and Jorge along with members of our management, development and support teams, have lived through the chaos and uncertainty caused by the devaluation of local currency, inflation, and isolated bank networks that make it difficult to move money into or out of the country.
Management Team
Title
Name
Email & Social
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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