Tech Company Financing Transactions
Prospa Funding Round
Prospa closed a $19.3 million funding round on 2/23/2017. Investors included AirTree Ventures and private investors.
Transaction Overview
Company Name
Announced On
2/23/2017
Transaction Type
Venture Equity
Amount
$19,250,000
Round
Undisclosed
Investors
AirTree Ventures (Lead Investor)
Proceeds Purpose
The funds will be used for investment in product expansion and distribution, as well as talent acquisition.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
4-16 Yurong St. Level 1
Sydney NSW, 2000
Australia
Sydney NSW, 2000
Australia
Phone
Website
Email Address
Overview
Prospa is Australia's leading online lender to small business and committed to helping small business owners access the funds they need to grow. Using a proprietary technology platform and a fast, simple online application process, Prospa can approve loans and provide funding in as little as 24 hours.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Beau Bertoli
Chief Executive Officer
Greg Moshal
Chief Operating Officer
Ben Lamb
VP - Product Management
Damon Pezaro
Browse more venture capital transactions:
Prev: 2/23/2017: InSilico Medicine venture capital transaction
Next: 2/23/2017: EverQuote venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to record funding rounds that are announced publicly. VC investment data records 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