Tech Company Financing Transactions
Fast Funding Round
On 1/27/2021, Fast raised $102 million in Series B funding from Addition Capital, Stripe and Index Ventures.
Transaction Overview
Company Name
Announced On
1/27/2021
Transaction Type
Venture Equity
Amount
$102,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to double down on product expansion, reaching even more sellers through new use cases such as subscriptions and one-click online media purchases, move into more markets outside of the United States, and hire talent.
Company Information
Company Status
Out of Business
Industry
ECommerce
Mailing Address
349 9th St.
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Fast was founded to create a platform that enabled individuals to easily and securely access the world, without passwords. The company developed and marketed various online checkout products. Despite raising a $102 million Series B led by Stripe in January 2021, the company was not able to remain viable and the founders shut Fast down in April 2022.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Domm Holland
Chief Operating Officer
Allison Allen
VP - Human Resources
Peter Grassi
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