Tech Company Financing Transactions
First Dollar Funding Round
First Dollar, operating out of Austin, secured $5 million in investment from Capital Factory and private investors.
Transaction Overview
Company Name
Announced On
5/7/2020
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to recruit a top team of engineers and designers to scale the HSA offering and build new functionality for its platform.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
823 Congress Ave.
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Website
Email Address
Overview
First Dollar founders Jason and Colin have dedicated their lives to making health care work better for humans. After selling a software company to athenahealth, they got a front-row seat in the healthcare industry and saw how it really wasn't built to serve people, especially when it comes to paying for healthcare. After leaving athenahealth, they created First Dollar to change that.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jason Bornhorst
VP - Marketing
Jeremy Xavier
VP - Product Management
Colin Anawaty
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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