Tech Company Financing Transactions
Greenboard Funding Round
On 5/8/2024, Greenboard raised $4.5 million in Seed financing from Base10 Partners, General Catalyst and Liquid 2 Ventures.
Transaction Overview
Company Name
Announced On
5/8/2024
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its progress towards building an AI-powered platform to handle management of the entirety of financial firms' compliance programs, and eventually all back office processes.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Austin, TX Undisclosed
USA
Austin, TX Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
In 2023, we founded Greenboard after noticing first-hand how challenging it had become for financial institutions to keep up with ever-changing SEC regulation. We went back to the drawing board on compliance software (hence the name Greenboard) and formulated our thesis. Financial firms needed an entirely new category of financial compliance software - a financial compliance operating system. We set out to build software that solves for the two problems that plague compliance programs most: eliminating the gap between stated policy and practiced procedure and the rote work necessary to diligently maintain compliance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dave Feldman
Chief Technical Officer
Ed Schembor
Browse more venture capital transactions:
Prev: 5/8/2024: Futura venture capital transaction
Next: 5/8/2024: Heartland venture capital transaction
Share this article
News on VC Transactions
We do our best to record every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs