Tech Company Financing Transactions
Remitly Funding Round
On 3/19/2015, Remitly landed $12.5 million in Series B investment from Threshold Ventures, DN Capital and QED Investors.
Transaction Overview
Company Name
Announced On
3/19/2015
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series B
Investors
Threshold Ventures (Lead Investor) (William Bryant)
QED Investors (Nigel Morris)
Proceeds Purpose
Remitly will use the new capital to expand its team, scale marketing efforts, and broaden the service to include new countries.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1111 3rd Ave. 2100
Seattle, WA 98101
USA
Seattle, WA 98101
USA
Phone
Website
Email Address
Overview
Remitly has changed the way to send money. We understand the pain of sending money abroad. We make things easier and faster, and work smarter so you can send more and pay less.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matthew Oppenheimer
Chief Financial Officer
Susanna Morgan
Chief Marketing Officer
Robert Singer
Chief Operating Officer
Josh Hug
Co-Founder
Shivaas Gulati
VP - Customer Service
Rene Yoakum
VP - General Counsel
Saema Somalya
VP - Product Management
Karim Meghji
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