Tech Company Financing Transactions
Packback Funding Round
On 1/31/2018, Packback raised $4.2 million in financing from private investors.
Transaction Overview
Company Name
Announced On
1/31/2018
Transaction Type
Venture Equity
Amount
$4,166,076
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed. 25 investors participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
601 South LaSalle St. 650
Chicago, IL 60605
USA
Chicago, IL 60605
USA
Phone
Undisclosed
Website
Email Address
Overview
Packback offers pay-per-use access to eTextbooks for $5 or less. To date, the market share of ebooks in the non-educational consumer book market has grown to a staggering 22.5%. eTextbooks as a percentage of the total higher education textbook market, however, has remained at a mere 8%.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Shannon
Chief Financial Officer
Nick Currier
Chief Operating Officer
Kasey Gandham
VP - Engineering
Craig Booth
VP - Product Management
Jessica Tenuta
VP - Sales
Roberto Torreggiani
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