Tech Company Financing Transactions
Zibo Funding Round
Zibo, based in Redwood City, secured $10.5 million in investment from Canaan Partners, Khosla Ventures and QED Investors.
Transaction Overview
Company Name
Announced On
8/6/2020
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Seed
Investors
Proceeds Purpose
A portion of the seed funds will underwrite the expansion of Zibo's consumer base through education and outreach.
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
1001 Main St.
Redwood City, CA 94063
USA
Redwood City, CA 94063
USA
Phone
Undisclosed
Website
Email Address
Overview
85% of tenants today prefer to pay rent online, yet 80% of rent is still collected by check, cash or money order. Zibo is bridging that gap to enable renters to securely pay the way they want--while empowering landlords to transition to a simple, modern and safe way of doing business.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We report on all VC transactions involving tech companies. All VC database entries reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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