Tech Company Financing Transactions
SUMA Wealth Funding Round
SUMA Wealth, operating out of Los Angeles, received $3.8 million from Radicle Impact.
Transaction Overview
Company Name
Announced On
10/1/2024
Transaction Type
Venture Equity
Amount
$3,800,000
Round
Seed
Investors
Radicle Impact (Lead Investor)
Proceeds Purpose
The company will funding for financial education and wellness platform.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Los Angeles, CA 90017
USA
Los Angeles, CA 90017
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
SUMA is a digital platform to teach the Latinx Community how to build and sustain wealth. SUMA is a revolutionary financial inclusion brand that inspires, informs and empowers the Latinx community. Suma uses the holistic approach of digital media, fin-tech and virtual experiences to spice up dry and complex topics of investment, debt management, and creating and sustaining wealth.
Management Team
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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