Tech Company Financing Transactions
Strive Funding Round
Strive closed a $30 million Series B financing round on 7/23/2024. Backers included Cantor Fitzgerald, Deason Capital and Narya Capital.
Transaction Overview
Company Name
Announced On
7/23/2024
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to launch Strive Wealth Management, given the demand for expanded financial services following the early launch of its asset management platform in the United States.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Columbus, OH Undisclosed
USA
Columbus, OH Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Many large asset managers are redefining the purpose of American for-profit corporations by pushing companies to shift their priority from shareholders to other stakeholders -- anyone potentially affected by a corporation's actions. At Strive, we reject this shift. Unlike our competitors, we are unapologetically committed to shareholder primacy and believe the purpose of a for-profit company is to maximize long-run value to investors.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matt Cole
Chief Financial Officer
Ben Pham
Controller
James McQuade
Executive Vice President
Justin Danhof
Executive Vice President
Jared Teach
Executive Vice President
Alex Xethalis
Vice President
Jeff Sherman
VP - Administration
Alex Stone
VP - Bus. Development
Luke Daigneault
VP - Client Services
Laura Brady
VP - Finance
Zach Stevens
VP - General Counsel
Alexandra Gaiser
VP - Marketing
Matt Sullivan
VP - R & D
Chris Nicholson
VP - Regulatory Affairs
Don McArdle
VP - Sales
Peter Colicchia
VP - Sales
Robert Melton
VP - Sales
Ben Menconi
VP - Sales
Jim Reed
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About Our Venture Capital Transactions Database
We report on all VC transactions involving tech companies. VC transactions reported here are derived from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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