Tech Company Financing Transactions
StreetShares Funding Round
Ally Financial, Motley Fool Ventures and private investors participated in a $10 million capital raise for StreetShares. The financing round was announced on 10/26/2020.
Transaction Overview
Company Name
Announced On
10/26/2020
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to continue to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1900 Campus Commons Dr. 200
Reston, VA 20191
USA
Reston, VA 20191
USA
Phone
Website
Email Address
Overview
In 2013, fed-up industry experts met for breakfast at a local diner to brainstorm a new Mainstreet funding source that would exist outside of the big banking system. Mark -- a former military officer, turned Wall Street lawyer -- and Mickey -- a senior banker at one of the nation's largest banks -- knew that big banks weren't lending to Mainstreet businesses anymore.
Management Team
Title
Name
Email & Social
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