Tech Company Financing Transactions
Nikkl Funding Round
Heroic Ventures participated in a $5 million funding round for Nikkl. The round was announced by the company on 12/9/2022.
Transaction Overview
Company Name
Announced On
12/9/2022
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Heroic Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to build its technology platform and launch its investment fund in early 2023.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
7014 E Camelback Rd 1452
Scottsdale, AZ 85251
USA
Scottsdale, AZ 85251
USA
Phone
Website
Email Address
Overview
Nikkl provides capital to unicorn employees, so that employees can exercise their vested options to purchase shares, significantly reduce their taxes, and gain near-term liquidity. Nikkl was founded in response to the rising financial risks of holding equity in a successful startup company. Many unicorn employees take huge financial losses due to expensive upfront costs, tax complexities and long exit windows. The more successful the company, the more complex these risks can become. Nikkl is here to help inform unicorn employees about the new private market and to help them keep the equity they have already earned.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dan Siciliano
Chief Marketing Officer
Cathy Siciliano
Chief Technical Officer
Gus Figueroa
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About Our Venture Capital Transactions Database
We do our best to record all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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