Tech Company Financing Transactions
DispatchIt Funding Round
DispatchIt, operating out of Bloomington, secured $11 million from Trinity Private Equity Group, Great North Labs and Hyde Park Angels.
Transaction Overview
Company Name
Announced On
7/9/2020
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series B
Investors
Trinity Private Equity Group (Lead Investor)
Hyde Park Angels (Eddie Leshin)
Proceeds Purpose
The company will use the funds to expand into 55+ markets by the end of the year and develop the company's talent.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
1401 W 94th Street
Bloomington, MN 55431
USA
Bloomington, MN 55431
USA
Phone
Website
Email Address
Not Recorded
Overview
DispatchIt (dba Dispatch) is an easy-to-use, on-demand delivery platform that helps businesses fulfil delivery orders.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Leone
Co-Founder
Ryan Hanson
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Where The Data Comes From
We do our best to record every notable VC transaction. VC transactions reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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