Tech Company Financing Transactions
Remitly Funding Round
Remitly, based in Seattle, scored $38.5 million from Stripes Group, Bezos Expeditions and DN Capital.
Transaction Overview
Company Name
Announced On
4/26/2016
Transaction Type
Venture Equity
Amount
$38,500,000
Round
Series C
Investors
Stripes Group (Lead Investor) (Ron Shah)
Threshold Ventures (William Bryant)
Proceeds Purpose
The new capital will be used to grow Remitly's team and continue the company's global expansion.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1111 3rd Ave. 2100
Seattle, WA 98101
USA
Seattle, WA 98101
USA
Phone
Website
Email Address
Overview
Remitly has changed the way to send money. We understand the pain of sending money abroad. We make things easier and faster, and work smarter so you can send more and pay less.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matthew Oppenheimer
Chief Financial Officer
Susanna Morgan
Chief Marketing Officer
Robert Singer
Chief Operating Officer
Josh Hug
Co-Founder
Shivaas Gulati
VP - Customer Service
Rene Yoakum
VP - General Counsel
Saema Somalya
VP - Product Management
Karim Meghji
Browse more venture capital transactions:
Prev: 4/26/2016: SparkCognition venture capital transaction
Next: 4/26/2016: Trov venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. VC transactions on this site are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs