Tech Company Financing Transactions
Chime Funding Round
Chime closed a $750.00 financing round on 8/16/2021. Investors included Sequoia Capital, Dragoneer Investment Group and General Atlantic.
Transaction Overview
Company Name
Announced On
8/16/2021
Transaction Type
Venture Equity
Amount
$750
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach. According to reports, the round would position Chime for a potential IPO in the first six months of 2022.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
250 Sutter St.
San Francisco, CA 94108
USA
San Francisco, CA 94108
USA
Phone
Website
Email Address
Overview
Chime's business was built on the principle of protecting our members and helping them get ahead. That means we don't profit off of you. We profit with you: every time you use your Chime debit card, we earn a small amount from Visa (paid by the merchant).
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We report on all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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