Tech Company Financing Transactions
Lendbuzz Funding Round
On 6/24/2021, Lendbuzz landed $360 million in Series C investment from Goldman Sachs, Wellington Management Company and Mitsubishi Corporation.
Transaction Overview
Company Name
Announced On
6/24/2021
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$360,000,000
Round
Series C
Investors
Proceeds Purpose
The new growth capital will support the company's fast expansion, and allow Lendbuzz to further its mission of helping individuals currently underserved by the traditional credit system.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
100 Summer St. 3150
Boston, MA 02110
USA
Boston, MA 02110
USA
Phone
Website
Email Address
Overview
Lendbuzz is a car financing platform that helps consumers with limited U.S. credit history to obtain financing for their car purchase. Driven by machine learning and statistical algorithms, Lendbuzz offers attractive terms to consumers that are overlooked and underserved by the traditional credit system.
Management Team
Title
Name
Email & Social
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