Tech Company Financing Transactions

Stable Money Funding Round

Lightspeed Venture Partners, Matrix Partners and private investors participated in a $5 million Seed funding round for Stable Money. The round was recorded on 8/14/2023.

Transaction Overview

Company Name
Announced On
8/14/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to expand operations and development efforts, as well as grow its business reach via new partnerships and collaborations.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Alpine A103, Salarpuria Greenage Hosur Road, Bommanahalli
Bengaluru, Karnataka, 560068
In
Phone
Undisclosed
Email Address
Overview
The most important investing question is not, "What are the highest returns I can earn?". It's, "What are the best returns I can sustain for the longest period of time?" Compounding is just return to the power of time. Time is the exponent that does the heavy lifting, and the common denominator of almost all big fortunes isn't returns; it's endurance and longevity. "Excellent returns for a few years" is not nearly as powerful as "pretty good returns for a long time."
Profile
Stable Money LinkedIn Company Profile
Social Media
Stable Money Company Twitter Account
Company News
Stable Money News
Facebook
Stable Money on Facebook
YouTube
Stable Money on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Saurabh Jain
  Saurabh Jain LinkedIn Profile  Saurabh Jain Twitter Account  Saurabh Jain News  Saurabh Jain on Facebook
Co-Founder
Harish Reddy
  Harish  Reddy LinkedIn Profile  Harish  Reddy Twitter Account  Harish  Reddy News  Harish  Reddy on Facebook


 

 

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About Our Venture Capital Transactions Database

We do our best to document funding rounds that are announced publicly. VC investment data records on this site 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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