Tech Company Financing Transactions
Forward Funding Round
Forward, operating out of Austin, secured $16 million in funding from Commerce Ventures, elefunds and Fiserv.
Transaction Overview
Company Name
Announced On
5/30/2024
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Seed
Investors
Proceeds Purpose
Lloyd intends to use the new funding to expand the company's capacity in terms of customers and on technology development, including machine learning and artificial intelligence.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1801 N Lamar Blvd.
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Website
Email Address
Not Recorded
Overview
Grow revenue without adding a new customer; The fastest growing SaaS companies have at least one "indirect" source of revenue. You acquired your customer, through hard work, but payment processors, banks and other middle-people are making money off your customers that you should keep.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brandon Lloyd
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We do our best to report on tech company VC transactions. VC transactions reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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