Tech Company Financing Transactions
Elsen Funding Round
Elsen secured a $400 thousand funding round on 1/14/2015. Investors included Accomplice and private investors.
Transaction Overview
Company Name
Announced On
1/14/2015
Transaction Type
Venture Equity
Amount
$400,000
Round
Undisclosed
Investors
private investors (Bret Siarkowski)
Proceeds Purpose
The startup plans to use the funding for expansion, including adding to its engineering team. It had previously been bootstrapped.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
179 South St.
Boston, MA 02111
USA
Boston, MA 02111
USA
Phone
Website
Email Address
Overview
A financial technology company, Elsen offers a scalable, reliable, secure platform for bringing massively-parallel processing to financial data. Complex time-series calculations like Monte Carlo simulations and other algorithms widely run in financial services for backtesting, pricing, and risk management are ideally suited to run in parallel.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to record tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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