Tech Company Financing Transactions
Klarna Funding Round
Klarna, operating out of Columbus, scored $20 million from H&M Group.
Transaction Overview
Company Name
Announced On
10/9/2018
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
H&M Group (Karl-Johan Persson)
Proceeds Purpose
The equity investment demonstrates a shared commitment and vision to the continual development of smarter retail where optimisation is constant in order to meet customers changing expectations and preferences.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
629 N. High St. 3rd Floor
Columbus, OH 43215
USA
Columbus, OH 43215
USA
Phone
Website
Email Address
Not Recorded
Overview
Klarna streamlines one solution for all payments, saving you both time and money on administration. New customers only need to enter top-of-mind information including email, zip code and billing address. For returning customers, it's a one tap payment experience.
Management Team
Browse more venture capital transactions:
Prev: 10/9/2018: Kitchen United venture capital transaction
Next: 10/10/2018: TidalScale venture capital transaction
Share this article
News on VC Transactions
We document 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.
Additional Resources for Entrepreneurs