Tech Company Financing Transactions

Fasten Funding Round

Fasten closed a $10 million Series A funding round on 11/14/2016. Investors included Almaz Capital Partners and private investors.

Transaction Overview

Company Name
Announced On
11/14/2016
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors

Almaz Capital Partners (Lead Investor)

private investors (Kirill Evdakov)

private investors (Vlad Christoff)

Proceeds Purpose
Fasten will use the new funds to hire more developers, accelerate product development and "solidify" its positions in its two current markets: Boston and Austin.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
745 Atlantic Ave.
Boston, MA 02111
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
At Fasten, we believe ridesharing will be a mainstay in the future of transportation. But only after ridesharing companies make serious changes to the way they operate. For instance, charging 20% commission from drivers is unsustainable.
Profile
Fasten LinkedIn Company Profile
Social Media
Fasten Company Twitter Account
Company News
Fasten News
Facebook
Fasten on Facebook
YouTube
Fasten on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kirill Evdakov
  Kirill Evdakov LinkedIn Profile  Kirill Evdakov Twitter Account  Kirill Evdakov News  Kirill Evdakov on Facebook
Chief Operating Officer
Vlad Christoff
  Vlad Christoff LinkedIn Profile  Vlad Christoff Twitter Account  Vlad Christoff News  Vlad Christoff on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/14/2016: PillDrill venture capital transaction
Next: 11/14/2016: Singular venture capital transaction

 

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