Tech Company Financing Transactions

Ivy Funding Round

Ivy, operating out of Redmond, secured $7.7 million from Creandum, 10x Founders and private investors.

Transaction Overview

Company Name
Announced On
7/11/2023
Transaction Type
Venture Equity
Amount
$7,700,000
Round
Seed
Investors

Creandum (Lead Investor) (Simon Schmincke)

10x Founders

private investors (André Schwämmlein)

private investors (Christian Grobe)

private investors (Daniel Krauss)

private investors (Jens Lapinski)

private investors (Jeppe Rindom)

private investors (Jochen Engert)

private investors (Martin Blessing)

private investors (Matthias Knecht)

private investors (Nico Rosberg)

private investors (Oliver Merkel)

Proceeds Purpose
Payment and transaction fees can accrue because of card networks, gateways and wallets that are all involved in today's online transactions. Ivy's solution is to allow merchants to accept instant bank payments literally at the checkout. That means the "middle-men" transaction fees can be substantially reduced, and the transaction speed increased, claims the startup.

Company Information

Company Status
Private & Independent
Industry
Telecom
Mailing Address
12277 134th Ct. NE 103
Redmond, WA 98052
USA
Email Address
Overview
Presenting Ivytalk: Cross channel messaging solution. We help you easily communicate with anyone, on virtually any medium, anywhere in the world. We provide interactive communication between businesses and consumers, organizations and members, agencies and volunteers.
Profile
Ivy LinkedIn Company Profile
Social Media
Ivy Company Twitter Account
Company News
Ivy News
Facebook
Ivy on Facebook
YouTube
Ivy on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Steve Knox
  Steve Knox LinkedIn Profile  Steve Knox Twitter Account  Steve Knox News  Steve Knox on Facebook
VP - Engineering
Phil Cordier
  Phil Cordier LinkedIn Profile  Phil Cordier Twitter Account  Phil Cordier News  Phil Cordier on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/11/2023: Solaris venture capital transaction
Next: 7/11/2023: Bridgit venture capital transaction

 

Share this article

 


About Our VC Transactions Data

We do our best to report on every notable VC transaction. VC transactions reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary