Tech Company Financing Transactions

Lithic Funding Round

Bessemer Venture Partners, Index Ventures and Rainfall Ventures invested in a $43 million Series B capital raise for Lithic. This VC investment round closed on 5/21/2021.

Transaction Overview

Company Name
Announced On
5/21/2021
Transaction Type
Venture Equity
Amount
$43,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to expand the tools and technologies to issue and manage virtual cards, including enhancements for Privacy.com to continue serving its security-conscious customers.

Company Information

Company Status
Private & Independent
Industry
Security
Mailing Address
148 Lafayette St. 3rd Floor
New York, NY 10013
USA
Email Address
Overview
We're a team that's passionate about writing software, and we're building a world-class financial platform to power the next wave of financial service products. Founded in NYC in 2014 as Privacy, our mission was, and still is, to build the best payments software we could to make paying online simply better.
Profile
Lithic LinkedIn Company Profile
Social Media
Lithic Company Twitter Account
Company News
Lithic News
Facebook
Lithic on Facebook
YouTube
Lithic on YouTube

Management Team

Title
Name
Email & Social
Founder
Boling Jiang
  Boling Jiang LinkedIn Profile  Boling Jiang Twitter Account  Boling Jiang News  Boling Jiang on Facebook
Founder
Jason Kruse
  Jason Kruse LinkedIn Profile  Jason Kruse Twitter Account  Jason Kruse News  Jason Kruse on Facebook
Founder
David Nichols
  David Nichols LinkedIn Profile  David Nichols Twitter Account  David Nichols News  David Nichols on Facebook


 

 

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Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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