Tech Company Financing Transactions
DispatchIt Funding Round
On 11/29/2018, DispatchIt received $7.8 million in Series A financing from Trinity Private Equity Group.
Transaction Overview
Company Name
Announced On
11/29/2018
Transaction Type
Venture Equity
Amount
$7,800,000
Round
Series A
Investors
Proceeds Purpose
The startup will put the capital toward expanding into additional markets and hiring. It has about 50 employees now. It plans to add between 60 and 80 workers in the Twin Cities, and about 100 total, said co-founder and CEO Andrew Leone.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
1401 W 94th Street
Bloomington, MN 55431
USA
Bloomington, MN 55431
USA
Phone
Website
Email Address
Not Recorded
Overview
DispatchIt (dba Dispatch) is an easy-to-use, on-demand delivery platform that helps businesses fulfil delivery orders.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Leone
Co-Founder
Ryan Hanson
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Where The Data Comes From
We do our best to record every notable VC transaction. VC transactions reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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