Tech Company Financing Transactions
Toss Funding Round
Toss closed a $48 million Series C funding round on 3/10/2017. Investors included Goodwater Capital, Altos Ventures and Bessemer Venture Partners.
Transaction Overview
Company Name
Announced On
3/10/2017
Transaction Type
Venture Equity
Amount
$48,000,000
Round
Series C
Investors
Goodwater Capital (Lead Investor) (Eric Kim)
Proceeds Purpose
That's where a large chunk of this new funding will go, as well as helping increase awareness of the Toss service from its current crowd of tech-savvy youngsters to the older demographics in Korea.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
142 Teheran-ro Arc Place 12th Floor
Gangnam-gu Seoul, 06141
South Korea
Gangnam-gu Seoul, 06141
South Korea
Phone
Website
Email Address
Overview
Korea is home to the world's best IT infrastructure, highest internet access, broadband speeds and smartphone penetration. But its online banking system needs a facelift. Even simple transfers require 5 passwords and 37 clicks!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Seunggeon Lee
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We report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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