Tech Company Financing Transactions
PayQwick Funding Round
PayQwick, based in Calabasas, raised $2.9 million from private investors.
Transaction Overview
Company Name
Announced On
11/3/2017
Transaction Type
Venture Equity
Amount
$2,860,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the funding to accelerate sales and product development as it expands into California, Nevada, Michigan and Alaska over the next six months.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
23801 Calabasas Rd. 1017
Calabasas, CA 91302
USA
Calabasas, CA 91302
USA
Phone
Website
Email Address
Overview
PayQwick's mission is to bring well-established, proven payment processing, regulatory compliance and banking services to the licensed recreational and medical marijuana industries, thereby reducing the risk of violent crime, illegal money laundering and violation of state marijuana regulations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Keith Marks
Chief Financial Officer
Albert Acevedo
Chief Technical Officer
Ranjit Singh
President
Kenneth Berke
VP - Sales
Tally Oliveau
Browse more venture capital transactions:
Prev: 11/3/2017: MicroBiome Therapeutics venture capital transaction
Next: 11/3/2017: Instart Logic venture capital transaction
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We do our best to document all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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