Tech Company Financing Transactions

Even Funding Round

Even, operating out of Oakland, raised $9 million from Valar Ventures, Allen & Company and BoxGroup.

Transaction Overview

Company Name

Even

Announced On

4/11/2016

Transaction Type

Venture Equity

Amount

$9,000,000

Round

Undisclosed

Investors

Valar Ventures (Lead Investor)

private investors (David Tisch)

private investors (Henry Kravis)

private investors (Robert Jain)

Khosla Ventures (Keith Rabois)

Qualcomm Ventures

Proceeds Purpose

The new venture capital funding will go toward building a second, more robust version of Even's product, which Schlossberg would not discuss in detail. The nine-person company will also hire a vice president of marketing and a vice president of credit this year.

Company Information

Company Status

Private & Independent

Industry

FinTech

Mailing Address

1389 Jefferson St. A101
Oakland, CA 94612
USA

Phone

Undisclosed

Website

www.even.com

Email Address

[email protected]

Overview

Even gives you a consistent paycheck every week, no matter how many hours you got this week. Even does this by setting aside a little bit of money for you in good weeks, and by giving you interest-free credit in bad weeks.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Jon Schlossberg

Chief Information Officer

William Maier

Chief Technical Officer

Evan Goldschmidt

President

Quinten Farmer

VP - Bus. Development

Emily Luk

VP - General Counsel

Priya Pai

VP - Human Resources

Jenny Molyneaux

Browse more venture capital transactions:

Prev: 4/11/2016: Forkable venture capital transaction
Next: 4/11/2016: AppTek venture capital transaction

Share this article

News on VC Transactions

We do our best to document all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary