Tech Company Financing Transactions
Immediate Funding Round
Immediate, based in Birmingham, secured $16 million from Castlecreek Launchpad Fund, BankSouth and private investors.
Transaction Overview
Company Name
Announced On
7/25/2023
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Undisclosed
Investors
Castlecreek Launchpad Fund (Lead Investor)
private investors (Bryan Statham)
private investors (Cynthia Johnson)
Proceeds Purpose
These funds, split between growth equity and a working capital facility, will enable the company to accelerate its growth in the workplace financial health sector.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1500 1st Ave. North B111
Birmingham, AL 35203
USA
Birmingham, AL 35203
USA
Phone
Undisclosed
Website
Email Address
Overview
Immediate provides employers with a financial health platform designed to recruit and retain top talent. Our ImmediatePay platform provides employees with early access to their earned but not yet paid wages through integrations with major payroll providers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matthew Pierce
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