Tech Company Financing Transactions
Digital Onboarding Funding Round
Digital Onboarding closed a $58 million funding round on 1/18/2024. Investors included Volition Capital and private investors.
Transaction Overview
Company Name
Announced On
1/18/2024
Transaction Type
Venture Equity
Amount
$58,000,000
Round
Undisclosed
Investors
Volition Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate its product roadmap, improve support for existing customers, drive awareness amongst target prospects, and grow the team with an objective to nearly double the headcount by the end of 2024.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
177 Huntington Ave. 1703 #42644
Boston, MA 02115
USA
Boston, MA 02115
USA
Phone
Website
Email Address
Overview
Our team has a deep history in the digital account origination space. We know that account holders don't always turn into deep and profitable relationships. After a conversation with one of the nation's largest credit unions, DCU, we decided to address this critical gap. The Digital Onboarding platform was born in the fall of 2017.
Management Team
Title
Name
Email & Social
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