Tech Company Financing Transactions
System Initiative Funding Round
Amplify Partners, Scale Venture Partners and Battery Ventures participated in a $18 million funding round for System Initiative. The round was announced on 6/21/2023.
Transaction Overview
Company Name
Announced On
6/21/2023
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Undisclosed
Investors
Amplify Partners (Lead Investor)
Scale Venture Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to enhance its offering
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
548 Market St 66061
San Francisco, CA 94104-5401
USA
San Francisco, CA 94104-5401
USA
Phone
Undisclosed
Website
Email Address
Overview
System Initiative was founded in 2019 by an experienced team of entrepreneurs consisting of Adam Jacob, Alex Ethier, and Mahir Lupinacci. Fueled by a shared belief that existing solutions were inadequate in addressing the complexities of application deployment, infrastructure automation, and collaborative work, they embarked on a mission to transform the industry.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adam Jacob
Chief Operating Officer
Mahir Lupinacci
VP - Engineering
Brit Myers
Browse more venture capital transactions:
Prev: 6/21/2023: Altis Labs venture capital transaction
Next: 6/21/2023: Picket venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs