Tech Company Financing Transactions

Accrue Savings Funding Round

Accrue Savings, based in New York, scored $25 million from Tiger Global Management, Aglaé Ventures and Box.

Transaction Overview

Company Name
Announced On
1/20/2022
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Proceeds Purpose
Hershfield plans to expand retail partnerships and add employees across all departments, including engineering, sales and marketing.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
1375 Bdwy. 20th floor
New York, NY 10018
USA
Phone
Undisclosed
Email Address
Overview
Accrue Money, Inc. (Accrue Savings) is a financial technology company and is not a bank. Banking services provided by Blue Ridge Bank N.A; Member FDIC. The Accrue Savings Visa® Debit Card is issued by Blue Ridge Bank N.A. pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.
Profile
Accrue Savings LinkedIn Company Profile
Social Media
Accrue Savings Company Twitter Account
Company News
Accrue Savings News
Facebook
Accrue Savings on Facebook
YouTube
Accrue Savings on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Hershfield
  Michael Hershfield LinkedIn Profile  Michael Hershfield Twitter Account  Michael Hershfield News  Michael Hershfield on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/20/2022: Pocketnest venture capital transaction
Next: 1/20/2022: Acorn Finance venture capital transaction

 

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We do our best to document all VC transactions involving tech companies. All VC database entries on this site 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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