Tech Company Financing Transactions
Recharge Funding Round
Recharge, operating out of San Francisco, received $46 million from ABN AMRO.
Transaction Overview
Company Name
Announced On
1/16/2025
Transaction Type
Debt
Amount
$46,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the fund to drive consolidation across markets, open new segments and overall strengthen its leadership position in the prepaid payments industry.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
Undisclosed
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Overview
Recharge is a luxury hotel booking website that allows you to pay by minute. With Recharge, there is no need to book in advance or to tell the hotel how long you plan to stay. Rooms are ready the minute of booking. Recharge is currently only available in San Francisco.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 1/16/2025: smaXtec venture capital transaction
Next: 1/16/2025: Coram AI venture capital transaction
Share this article
News on VC Transactions
We do our best to report on tech company VC transactions. VC transactions reported here are derived from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs