Tech Company Financing Transactions

Earned Funding Round

Silversmith Capital Partners, Summit Partners and Breyer Capital invested in a $200 million venture round for Earned. The financing round closed on 7/12/2024.

Transaction Overview

Company Name
Announced On
7/12/2024
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to support expansion of its platform and offerings through product innovation and strategic acquisitions.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
New York, NY 10001
USA
Phone
Undisclosed
Email Address
Overview
EarnWealth is India's First Social Commerce FinTech which enables Financial Consultants, Real Estate Consultants, Housewives, Retired People and Students to earn quick money by selling Loans & Credit Cards through its android app. We use the fast growing social commerce model for distribution of the financial products and hence our conversion percentages are far superior than any other B2C platforms in India. We have more than 40000 Resellers associated with us and we call them Referral Partners. We are the only FinTech in India which offers 360 degree financial products. We have deep-tech integrations with Banks & NBFCs
Profile
Earned LinkedIn Company Profile
Social Media
Earned Company Twitter Account
Company News
Earned News
Facebook
Earned on Facebook
YouTube
Earned on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
John Clendening
  John Clendening LinkedIn Profile  John Clendening Twitter Account  John Clendening News  John Clendening on Facebook
VP - Bus. Development
Alexandra Garabedian
  Alexandra Garabedian LinkedIn Profile  Alexandra Garabedian Twitter Account  Alexandra Garabedian News  Alexandra Garabedian on Facebook
VP - Product Management
Jack Chung
  Jack Chung LinkedIn Profile  Jack Chung Twitter Account  Jack Chung News  Jack Chung on Facebook


 

 

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Prev: 7/12/2024: Zap venture capital transaction
Next: 7/15/2024: Instinct Digital venture capital transaction

 

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Where The Data Comes From

Our team works diligently 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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