Tech Company Financing Transactions
PowerToFly Funding Round
PowerToFly, operating out of New York, scored $30 million in investment from Morgan Stanley Expansion Capital, Chartline Capital Partners and Grasshopper Bank.
Transaction Overview
Company Name
Announced On
9/19/2022
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to build a membership portal for HR and People Operations leaders to learn best practices from DEIB experts in on-demand courses and tap into insights from anonymous comparative data points, support the continued growth of its existing products and services, including free professional development courses for the millions of diverse professionals who visit the platform each year.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
100 Crosby St. 308
New York, NY 10012
USA
New York, NY 10012
USA
Phone
Undisclosed
Website
Email Address
Overview
As long as your internet connection is strong enough for video chats you can work from anywhere - your home office, a coffee shop, a co-working space, wherever. If you're self-driven and able to produce great results without a lot of supervision, we'll give you what you need to succeed.
Management Team
Title
Name
Email & Social
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We do our best to report on 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.
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