Tech Company Financing Transactions
71 Lbs Funding Round
71 Lbs, based in Fort Lauderdale, secured $2.3 million from IDEA Fund Partners and private investors.
Transaction Overview
Company Name
Announced On
3/31/2014
Transaction Type
Venture Equity
Amount
$2,311,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
7900 Nova Dr. 208
Fort Lauderdale, FL 33324
USA
Fort Lauderdale, FL 33324
USA
Phone
Website
Email Address
Overview
71lbs created a set-and-forget system that allows SMBs to automatically collect on their FedEx & UPS late shipment refunds.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We report on funding rounds that are announced publicly. All VC database entries 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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