Tech Company Financing Transactions
Neocova Funding Round
Bank of St. Elizabeth, Coastal Community Bank and First Financial Bank participated in a $9.5 million venture round for Neocova. The round was announced by the company on 1/27/2020.
Transaction Overview
Company Name
Announced On
1/27/2020
Transaction Type
Venture Equity
Amount
$9,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The firm says it will use the cash injection to expand its product and development teams.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
2315 Locust St. 3
St. Louis, MT 63103
USA
St. Louis, MT 63103
USA
Phone
Website
Email Address
Not Recorded
Overview
Neocova believes that when local banks and credit unions thrive, the communities they serve prosper. For many community banks, a combination of increased competition from big banks and fintechs, steep regulatory costs and out-dated core banking technology is making it nearly impossible to offer competitive products and services to their customers.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to document tech company VC transactions. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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