Tech Company Financing Transactions
The Receivables Exchange Funding Round
The Receivables Exchange, based in New Orleans, secured $17 million from Bain Capital Ventures and private investors.
Transaction Overview
Company Name
Announced On
1/28/2010
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series C
Investors
Bain Capital Ventures (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
935 Gravier St. 12th Floor
New Orleans, LA 70112
USA
New Orleans, LA 70112
USA
Phone
Website
Email Address
Overview
The Receivables Exchange makes it fast, easy and efficient for small and medium-sized businesses to gain quick access to working capital at a competitive cost, because time and money are a luxury that most small and medium-sized business owners don't have.
Management Team
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We record every notable VC transaction. VC investment data records on this site are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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