Tech Company Financing Transactions
SoMoLend Funding Round
CincyTech, Blue Chip Venture Company and Clarion Direct Investment participated in a $1.7 million Seed funding round for SoMoLend. The round was announced on 5/16/2012.
Transaction Overview
Company Name
Announced On
5/16/2012
Transaction Type
Venture Equity
Amount
$1,700,000
Round
Seed
Investors
Proceeds Purpose
The investment will be used to complete an alpha application of the software, create market underwriting standards and develop a broader capitalization plan.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1660 West 2nd St. 1100
Cleveland, OH 44113
USA
Cleveland, OH 44113
USA
Phone
Website
Email Address
Not Recorded
Overview
SoMoLend is a company developing a peer-to-peer lending platform for small businesses.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Candace Klein
Chief Marketing Officer
Christine Hawkins
Chief Technical Officer
Michael Hawkins
VP - Operations
Christopher Calvert
VP - Product Management
Eric Elias
VP - Sales
Cheryl Stamm
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