Tech Company Financing Transactions
StretchDollar Funding Round
StretchDollar, operating out of San Francisco, secured $1.6 million from elefunds, Kindergarten Ventures and Precursor Ventures.
Transaction Overview
Company Name
Announced On
9/26/2023
Transaction Type
Venture Equity
Amount
$1,600,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to kick-off expansion in seven states by year-end 2023.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
555 Innes Avenue 312
San Francisco, CA 94124
USA
San Francisco, CA 94124
USA
Phone
Undisclosed
Website
Email Address
Overview
StretchDollar was built on a simple premise: small businesses deserve access to simple, affordable health benefits. Before co-founding StretchDollar, Marshall Darr and Kaiza Molina worked together at two other small business-focused startups. First, in 2016, where they built out Marketing Operations at the payroll company Gusto and then again, four years later, at Decent, a health insurance startup that Marshall helped build from the ground up. The most recent stop is where Marshall and Kaiza developed a deep understanding of the health insurance space and how few options there are for small businesses.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marshall Darr
Chief Operating Officer
Kaiza Molina
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We do our best to report on every notable VC transaction. VC transactions on this site come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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