Tech Company Financing Transactions
Luxe Funding Round
Hertz participated in a $50 million funding round for Luxe. The financing round was announced by the company on 4/7/2016.
Transaction Overview
Company Name
Announced On
4/7/2016
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
Hertz (John Tague)
Proceeds Purpose
The deal doesn't yet come with any formal partnership announcements, like reduced costs for Hertz customers, but Luxe CEO Curtis Lee acknowledged that he was looking forward to working with the company down the line.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
Undisclosed
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded and based in San Francisco, Luxe is building a logistics platform that will drive the next generation of local real time services, beginning with parking. The free Luxe app, available on iPhone, transforms parking from a necessary evil to a daily highlight.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Curtis Lee
Chief Operating Officer
Greg Zanghi
Chief Technical Officer
Craig Martin
Browse more venture capital transactions:
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Next: 4/7/2016: Electric Imp venture capital transaction
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We document every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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