Tech Company Financing Transactions
Ned Funding Round
Ned secured a $4.2 million Seed funding round on 10/22/2024. Investors included Impression Ventures, Brooklyn Bridge Ventures and Capital Eleven.
Transaction Overview
Company Name
Announced On
10/22/2024
Transaction Type
Venture Equity
Amount
$4,200,000
Round
Seed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
335 East 14th Street, PO Box 577
New York, NY 10009
USA
New York, NY 10009
USA
Phone
Undisclosed
Website
Email Address
Overview
Lenders need tech that meets their borrower's needs and scales capacity to lend. Ned's platform delivers by providing full transparency and automation throughout the lending lifecycle, where lenders are challenged by limited cash flow visibility. For businesses with strong fundamentals but lacking traditional credit or collateral, Ned empowers lenders to confidently extend financing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Silverstein
VP - Product Management
Mayur Motgi
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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