Tech Company Financing Transactions
Andera Funding Round
Edison Partners invested in a $9 million venture round for Andera. The round closed on 9/28/2010.
Transaction Overview
Company Name
Announced On
9/28/2010
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Undisclosed
Investors
Edison Partners (Lead Investor) (Michael Balmuth)
Proceeds Purpose
The investment will be used to grow sales, marketing, and product development for the rapidly-expanding financial technology business whose customer base now includes over 425 institutions ranging from community credit unions to top-ten banks.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
15 Park Row West 200
Providence, RI 02903
USA
Providence, RI 02903
USA
Phone
Website
Email Address
Overview
Andera is the #1 provider of online account opening and funding solutions in the U.S., serving more financial institution clients than any other vendor.
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 sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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