Tech Company Financing Transactions
SoFi Funding Round
SoFi, based in San Francisco, secured $1 billion from SBNY, Baseline Ventures and DCM Ventures.
Transaction Overview
Company Name
Announced On
8/24/2015
Transaction Type
Venture Equity
Amount
$1,000,000,000
Round
Series E
Investors
Proceeds Purpose
The funding will accelerate SoFi's growth as the primary financial services partner for high achieving consumers disenchanted with traditional banking. The Series E funding will fuel SoFi's growth in product innovation, delivery, community value and team.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1 Letterman Dr. Building A 4700
San Francisco, CA 94129
USA
San Francisco, CA 94129
USA
Phone
Website
Email Address
Overview
Founded in 2011, SoFi is building an innovative marketplace to fix finance -- starting with the broken $1T student loan industry. Today, SoFi connects alumni borrowers and investors to refinance private and federal student loans.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Anthony Noto
Chief Financial Officer
Michelle Gill
Chief Marketing Officer
Joanne Bradford
Chief Technical Officer
Tony Donohoe
Vice President
Ashish Jain
VP - Bus. Development
William Tanona
VP - General Counsel
Robert Lavet
VP - Human Resources
Anna Avalos
VP - Operations
Richard Garside
VP - Product Management
Assaf Ronen
Browse more venture capital transactions:
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Next: 8/24/2015: Exela Pharma Sciences venture capital transaction
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We do our best to record every notable VC transaction. VC transactions reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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