Tech Company Financing Transactions

Lower Funding Round

Lower, operating out of New Albany, secured $100 million in investment from Accel Partners and private investors.

Transaction Overview

Company Name
Announced On
6/24/2021
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Series A
Investors

Accel Partners (Lead Investor) (John Locke)

Proceeds Purpose
The company intends to use the funds to expand its product line and accelerate its growth, hiring new people.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
8131 Smith's Mill Rd.
New Albany, OH 43054
USA
Email Address
Overview
We believe owning a home is one of the greatest wealth builders out there. So our goal is to make homeownership more accessible, and to help more people buy homes.
Profile
Lower LinkedIn Company Profile
Social Media
Lower Company Twitter Account
Company News
Lower News
Facebook
Lower on Facebook
YouTube
Lower on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Snyder
  Daniel Snyder LinkedIn Profile  Daniel Snyder Twitter Account  Daniel Snyder News  Daniel Snyder on Facebook
Co-Founder
Michael Baynes
  Michael Baynes LinkedIn Profile  Michael Baynes Twitter Account  Michael Baynes News  Michael Baynes on Facebook
Co-Founder
Grayson Hanes
  Grayson Hanes LinkedIn Profile  Grayson Hanes Twitter Account  Grayson Hanes News  Grayson Hanes on Facebook
Co-Founder
Chris Miller
  Chris Miller LinkedIn Profile  Chris Miller Twitter Account  Chris Miller News  Chris Miller on Facebook
Co-Founder
Robert Tyson
  Robert Tyson LinkedIn Profile  Robert Tyson Twitter Account  Robert Tyson News  Robert Tyson on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/24/2021: Tvardi Therapeutics venture capital transaction
Next: 6/24/2021: Bicycle Health venture capital transaction

 

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Where The Data Comes From

We record all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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