Tech Company Financing Transactions
Tuum Funding Round
Tuum closed a $27 million Series B investment round on 2/6/2024. Investors included CommerzVentures and Speedinvest.
Transaction Overview
Company Name
Announced On
2/6/2024
Transaction Type
Venture Equity
Amount
$26,970,000
Round
Series B
Investors
CommerzVentures (Lead Investor)
Proceeds Purpose
It will also use the funds to boost its product offering, including providing a more tailored offering, which it says is an alternative to the "generic one size fits all or toolbox approaches of other cloud-native" providers.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Maakri 30
Tallinn, 10145
Estonia
Tallinn, 10145
Estonia
Phone
Undisclosed
Website
Email Address
Overview
Tuum is heralding a new era in financial services. We believe that launching unique, customer-centric products should be fast and straightforward, not complicated, risky and expensive; that is why we have built a next-generation core banking platform which makes this belief a reality.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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