Tech Company Financing Transactions
ScribeUp Funding Round
ScribeUp, operating out of Cambridge, raised $3 million from Mucker Capital.
Transaction Overview
Company Name
Announced On
8/22/2023
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Investors
Mucker Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand the scope of its services to include features such as price hike defense, bill reminders, and additional personalized ways to save on subscription services.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
100 Main Street
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Undisclosed
Website
Email Address
Overview
We are MIT students who initially bonded over getting caught with unwanted subscription bills (e.g., MTV, Stamps.com and Dropbox). Our laughs (and tears) quickly turned to entrepreneurial spirit as we realized that subscription users were missing a product that provided peace of mind in managing all of their digital services. We created a solution that allows users to freely explore the world of digital services and bring convenience, health, and happiness to their modern lifestyles...without the paralyzing worry of an unwanted bill.
Management Team
Title
Name
Email & Social
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