Tech Company Financing Transactions

Celo Funding Round

On 4/3/2019, Celo received $30 million in investment from Andreessen Horowitz and Polychain Capital.

Transaction Overview

Company Name
Announced On
4/3/2019
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Proceeds Purpose
Celo, which is the trading name of A Protocol Inc., plans to use an in-house digital token and stablecoin to facilitate cross-border payments, primarily focusing on the unbanked using smartphones.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
San Francisco, CA 94101
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Celo is an open platform that makes financial tools accessible to anyone with a mobile phone. Our mission is to build a monetary system that creates the conditions of prosperity for all. We are a decentralized community of creators -- developers, designers, dreamers, doers -- who are motivated by the power of accessible financial tools to make the world a better place.
Profile
Celo LinkedIn Company Profile
Social Media
Celo Company Twitter Account
Company News
Celo News
Facebook
Celo on Facebook
YouTube
Celo on YouTube

Management Team

Title
Name
Email & Social
Founder
Sep Kamvar
  Sep Kamvar LinkedIn Profile  Sep Kamvar Twitter Account  Sep Kamvar News  Sep Kamvar on Facebook
Founder
Marek Olszewski
  Marek Olszewski LinkedIn Profile  Marek Olszewski Twitter Account  Marek Olszewski News  Marek Olszewski on Facebook
Founder
Rene Reinsberg
  Rene Reinsberg LinkedIn Profile  Rene Reinsberg Twitter Account  Rene Reinsberg News  Rene Reinsberg on Facebook
VP - Bus. Development
Chuck Kimble
  Chuck Kimble LinkedIn Profile  Chuck Kimble Twitter Account  Chuck Kimble News  Chuck Kimble on Facebook
VP - General Counsel
Brynly Llyr
  Brynly Llyr LinkedIn Profile  Brynly Llyr Twitter Account  Brynly Llyr News  Brynly Llyr on Facebook


 

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are derived from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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