Tech Company Financing Transactions
Valid Funding Round
On 3/17/2018, Valid received $10.7 million in funding from private investors.
Transaction Overview
Company Name
Announced On
3/17/2018
Transaction Type
Token
Token
Token
Amount
$10,730,000
Round
Undisclosed
Investors
Proceeds Purpose
57% - Salaries and development. 17% - Operations. 14% - Marketing. 10% - Contingency. 2% - ITO Transaction cost.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
Bahnhofstrasse 3
Zurich, 8001
Switzerland
Zurich, 8001
Switzerland
Phone
Undisclosed
Website
Email Address
Overview
VALID (Token:VLD) is the next iteration of the Procivis digital identity platform, which draws on the e-government platform eID+, also developed by Procivis.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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