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
Investors
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
San Francisco, CA 94101
USA
Phone
Undisclosed
Website
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.
Management Team
Title
Name
Email & Social
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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 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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