Tech Company Financing Transactions
Faircado Funding Round
Faircado, based in Berlin, secured $3.3 million in investment from World Fund, Accel Partners and BackBone Ventures.
Transaction Overview
Company Name
Announced On
5/28/2024
Transaction Type
Venture Equity
Amount
$3,250,000
Round
Undisclosed
Investors
Proceeds Purpose
The startup said it will use the funding to hire developers and marketing staff, aiming to double its current headcount of 10 by the end of the year.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Grünberger Straße 17a
Berlin, 10243
Germany
Berlin, 10243
Germany
Phone
Undisclosed
Website
Email Address
Overview
We created Faircado to tackle all three at once: a solution that increases the circularity of produced goods while making you save time, money and CO2 when shopping. Everything we do, we do with passion, purpose and commitment. We are highly engaged in creating a wide community of happy users and in saving our beloved planet.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Evoléna de Wilde d'Estmael
VP - Product Management
Ali Nezamolmaleki
Browse more venture capital transactions:
Prev: 5/28/2024: Sagetap venture capital transaction
Next: 5/28/2024: Q*Bird venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs