Tech Company Financing Transactions
Vero Technologies Funding Round
Vero Technologies, based in New York,, received $8.5 million from BankTech Ventures, AAF Management and Antler.
Transaction Overview
Company Name
Announced On
9/20/2023
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Undisclosed
Investors
Proceeds Purpose
Vero will use the capital to accelerate the growth of its lending-as-a-service (LAAS) offering, giving banks a digital solution for the financial processes that stand in the way of their expansion in the wholesale financing space.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
287 Park Avenue South 700
New York,, NY 10010
USA
New York,, NY 10010
USA
Phone
Undisclosed
Website
Email Address
Overview
Vero Technologies is a leading provider of wholesale financing solutions for dealers across auto, marine, powersports, agricultural equipment, among other verticals of manufactured goods. Vero partners with OEMs, banks and specialty finance companies to enable its lending-as-a-service program for dealers of manufactured goods. Its innovative platform offers real-time inventory and financial analytics, advanced risk management capabilities, and streamlined operational processes.
Management Team
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Where The Data Comes From
We do our best to record funding rounds that are announced publicly. VC investment data records on this site come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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