Finance > Venture Deals Database > Venture Transactions Database > Monthly Deals (All) > June 2023 VC Transactions
Config

Tech Company Financing Transactions

Config Funding Round

Private investors participated in a $5 million Seed capital raise for Config. The round was recorded on 6/6/2023.

Transaction Overview

Company Name

Config

Announced On

6/6/2023

Transaction Type

Venture Equity

Amount

$5,000,000

Round

Seed

Investors

private investors (Biz Stone)

private investors (Dan Rose)

private investors (Fred Blackford)

private investors (Lachy Groom)

private investors (Shakil Khan)

private investors (Shishir Mehrotra)

private investors (Soleio Cuervo)

Proceeds Purpose

Config grows, Proud said its development will be less focused on the types of products it helps teams build, and more on the sizes of the teams. "The challenges of supporting a 50- to 200-person team are undoubtedly different from a 10,000-person hardware team," he said. "So far, we have been bringing near-whole companies onto Config. Still, as we work with larger companies, we will start working with individual product lines before spreading across the entire organization.

Company Information

Company Status

Private & Independent

Industry

Software

Mailing Address

1688 Pine Street Unit E1203
San Francisco, CA 94109
USA

Phone

Undisclosed

Website

www.config.com

Email Address

Undisclosed

Overview

Developer of a central platform intended to manage the entire lifecycle of building a hardware product. The company's platform avoids computer-aided design (CAD) programs and reliance on manual processes to collaborate internally and with external vendors like suppliers and manufacturers and build processes that large companies have developed internally, enabling companies to avail a high level of sophistication for managing their hardware design internally.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

James Proud

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We do our best to record every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

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