Tech Company Financing Transactions
Adfone Funding Round
Private investors invested in a $7.5 million Seed funding round for Adfone. This venture round closed on 5/14/2020.
Transaction Overview
Company Name
Announced On
5/14/2020
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to further develop its Play2Pay rewards solution and grow globally.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
333 Las Olas Way
Fort Lauderdale, FL 33301
USA
Fort Lauderdale, FL 33301
USA
Phone
Undisclosed
Website
Email Address
Overview
Adfone is a mobile savings and rewards technology provider. We generate revenue from advertisers and share it with wireless carriers to reduce phone bills for mobile phone users. The Play2Pay� platform allows mobile phone users around the world to access games, videos, offers, and surveys that earn points which are redeemable for bill credits, top-up vouchers, data, minutes and text bundles, and more.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brian Boroff
Chief Operating Officer
Rich Kroll
Chief Technical Officer
Jason Bishop
Controller
Daria Belardo
Vice President
Alex Hurd
VP - Bus. Development
Rodolfo Novarini
VP - Sales
Chris Liveing
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We do our best to report on tech company VC transactions. VC investment data records 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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