Tech Company Financing Transactions
Tellus Funding Round
Andreessen Horowitz, All-Stars Investment and Alumni Ventures participated in a $26 million funding round for Tellus. The financing was announced on 11/11/2022.
Transaction Overview
Company Name
Announced On
11/11/2022
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to scale its team and continue to build out its platform.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
2035 Sunset Lake Road Suite B-2
Newark, DE 19702
USA
Newark, DE 19702
USA
Phone
Undisclosed
Website
Email Address
Overview
Tellus is a financial technology platform on a mission to help users build wealth through our line of passive income products. We offer a variety of high-yield cash accounts that pay up to 24x* more interest than a traditional savings account all while keeping you completely out of the stock or crypto markets. Deposit any amount and start immediately with 3.85%-5.12% APY compounded daily. We partner with industry leaders like Plaid, Stripe, JP Morgan Chase and use bank-level AES 256 encryption to protect your money and provide peace of mind. With us, you're liquid. So you can move your money to and from your bank account whenever you choose without fearing fees.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Marketing Officer
Iris Aiqing
Chief Technical Officer
Jeromee Johnson
Co-Founder
Tiancheng Zhu
VP - Finance
Jim Yu
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Where The Data Comes From
We do our best to document funding rounds that are announced publicly. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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