Tech Company Financing Transactions
Affirm Funding Round
Private investors, Khosla Ventures and Lightspeed Venture Partners joined a $45 million capital raise for Affirm. The round was announced on 6/10/2014.
Transaction Overview
Company Name
Announced On
6/10/2014
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Levchin plans to grow Affirm's staff to more than 50 by the end of this year. He is also meeting with investors to discuss raising more capital that will enable the company to expand the kinds of loans it can offer. Eventually, he said he aims to offer loans to small businesses in addition to individuals.
Company Information
Company Status
Publicly-held
Industry
FinTech
Mailing Address
225 Bush St.
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Website
Email Address
Overview
Affirm (Nasdaq: AFRM) is the financial company for everyday people. We provide affordable ways to buy online that are more flexible and transparent than any other credit option.
Management Team
Title
Name
Email & Social
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