Tech Company Financing Transactions
EquityBee Funding Round
EquityBee, operating out of Palo Alto, scored $55 million in funding from Group 11, AltaIR Capital and Battery Ventures.
Transaction Overview
Company Name
Announced On
9/30/2021
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Series B
Investors
Group 11 (Lead Investor) (Dovi Frances)
Proceeds Purpose
The investment will be used to advance development of EquityBee's proprietary technology platform, expand best-in-class product and service offerings, and accelerate leadership hiring in EquityBee's Palo Alto- and Tel Aviv-based offices
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
955 Alma St. A
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Website
Email Address
Overview
When startup builders, the employees, leave their company, they have to make a decision regarding exercising their Stock Options before they expire. This decision may result in a life-changing event. At this point, they have a limited time to exercise their options, while potentially risking a significant amount of money.
Management Team
Title
Name
Email & Social
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