Tech Company Financing Transactions
Candidly Funding Round
Candidly secured a $20.5 million Series B funding round on 3/7/2023. Investors included Altos Ventures and Cercano Management.
Transaction Overview
Company Name
Announced On
3/7/2023
Transaction Type
Venture Equity
Amount
$20,500,000
Round
Series B
Investors
Altos Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its business reach.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
New York City, NY Undisclosed
USA
New York City, NY Undisclosed
USA
Phone
Website
Email Address
Overview
At Candidly, we understand that education is one of the largest investments most people will make in a lifetime. And like any investment, it needs to be planned for and managed in the context of their bigger goals, even when - and especially when - that means taking on debt. We're on a mission to make trusted, intelligent and comprehensive solutions that enable Americans to reap the rewards of that investment so they can build financial wellness and wealth. Because candidly, college should help propel people forward - not hold them back.
Management Team
Title
Name
Email & Social
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We do our best to report on all VC transactions involving tech companies. VC transactions on this site come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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