Tech Company Financing Transactions

TransferWise Funding Round

TransferWise secured a $1.3 million Seed funding round on 4/19/2012. Investors included IA Ventures, Index Ventures and private investors.

Transaction Overview

Company Name
Announced On
4/19/2012
Transaction Type
Venture Equity
Amount
$1,300,000
Round
Seed
Investors

IA Ventures (Lead Investor) (Roger Ehrenberg)

Index Ventures (Lead Investor) (Robin Klein)

private investors (Max Levchin)

Proceeds Purpose
TransferWise plans to use the funds to attract new talent, develop their technology platform further and expand into more currencies and markets.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
186-188 City Rd.
London , EC1V 2NT
UK
Email Address
Not Recorded
Overview
TransferWise is a small, hungry team of ten people that has developed technology to allow people to exhange money in different currencies outside of traditional banks.
Profile
TransferWise LinkedIn Company Profile
Social Media
TransferWise Company Twitter Account
Company News
TransferWise News
Facebook
TransferWise on Facebook
YouTube
TransferWise on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Taavet Hinrikus
  Taavet Hinrikus LinkedIn Profile  Taavet Hinrikus Twitter Account  Taavet Hinrikus News  Taavet Hinrikus on Facebook
Co-Founder
Kristo Käärmann
  Kristo Käärmann LinkedIn Profile  Kristo Käärmann Twitter Account  Kristo Käärmann News  Kristo Käärmann on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/19/2012: BranchOut venture capital transaction
Next: 4/19/2012: Terascala venture capital transaction

 

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About Our Venture Capital Transactions Database

We do our best to report on all VC transactions involving tech companies. VC transactions reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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