Tech Company Financing Transactions
Fast Funding Round
Fast, based in San Francisco, scored $20 million from Stripe, Index Ventures and Susa Ventures.
Transaction Overview
Company Name
Announced On
3/27/2020
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the global rollout of Fast Checkout, its universal one-click purchase product for e-commerce, and to further grow its product and engineering teams.
Company Information
Company Status
Out of Business
Industry
ECommerce
Mailing Address
349 9th St.
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Fast was founded to create a platform that enabled individuals to easily and securely access the world, without passwords. The company developed and marketed various online checkout products. Despite raising a $102 million Series B led by Stripe in January 2021, the company was not able to remain viable and the founders shut Fast down in April 2022.
Management Team
Title
Name
Email & Social
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