Tech Company Financing Transactions
FlexFactor Funding Round
On 10/10/2024, FlexFactor raised $16.8 million in investment from Bessemer Venture Partners.
Transaction Overview
Company Name
Announced On
10/10/2024
Transaction Type
Venture Equity
Amount
$16,800,000
Round
Undisclosed
Investors
Bessemer Venture Partners (Charles Birnbaum)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
838 Walker Rd 21-2
Dover, DE 19904
USA
Dover, DE 19904
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
The concept of FlexFactor came to life during a declined transaction. One of our co-founders missed an important Uber ride because his card declined where it should have been approved. He felt the frustration that millions of consumers experience every year. Instead of shrugging the problem off, he started to explore the issue and reached out to a former colleague.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Elio Vitucci
Chief Technical Officer
Guy Vatman
Co-Founder
Ze'ev Shoval
VP - Product Management
Rehman Baig
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Where The Data Comes From
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 is sourced from VentureDeal.com, an affiliated venture.
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