Tech Company Financing Transactions
Astra Funding Round
FPV Ventures, Allegis Capital and CoVenture invested in a $10 million Series A venture round for Astra. This venture round was announced on 10/13/2022.
Transaction Overview
Company Name
Announced On
10/13/2022
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Proceeds Purpose
This Series A funding will support the expansion of Astra's team, with a particular focus on engineering and compliance resources, to further enable faster payments from any source to any destination. Additionally, Astra aims to extend their payment solutions to sizeable enterprises as they grow their customer base in investing, lending, and business-to-business industry verticals and expand their embedded payment capabilities with other fintech infrastructure providers
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Undisclosed, Undisclosed
USA
Undisclosed, Undisclosed
USA
Phone
Website
Email Address
Overview
Astra offers automated, bank-to-bank transfer technology solutions for financial institutions, fintech startups, and enterprises. Our money movement platform enables our clients to offer seamless, automated bank transfers between their customers' networks of accounts using rules-based routines. Astra's proprietary, vertically integrated API enables developers to add financial automation to their product easily and quickly enhances existing infrastructure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gil Akos
Chief Operating Officer
Sam Morgan
Chief Technical Officer
Zach Nolan
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Our team works diligently to report on tech company VC transactions. VC transactions on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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