Tech Company Financing Transactions
Apiture Funding Round
Apiture, operating out of Wilmington, secured $10 million from T. Rowe Price and private investors.
Transaction Overview
Company Name
Announced On
11/14/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
T. Rowe Price (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate product development initiatives and continue to expand its sales and marketing efforts to meet demand for the Apiture Digital Banking Platform, which serves more than 300 banks and credit unions throughout the United States.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1805 Tiburon Dr.
Wilmington, NC 28403
USA
Wilmington, NC 28403
USA
Phone
Website
Email Address
Overview
Apiture was started in 2017 as a joint venture between First Data Corporation and Live Oak Bank with a mission to reimagine the digital banking experience across the industry. At Apiture, our goal is to provide banks and credit unions of all sizes the ability to take control of their digital experience, exceeding their customers' and members' expectations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chris Babcock
Chief Financial Officer
Ash Good
Chief Operating Officer
Christopher Cox
General Manager
Jan Kruger
VP - General Counsel
Elizabeth Rostron
VP - Sales
Matthew Ellis
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Next: 11/14/2023: CoverSelf venture capital transaction
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