Tech Company Financing Transactions
Treyd Funding Round
Treyd secured a $12 million Series A financing round on 9/10/2023. Investors included Nineyards Equity, Antler and J12 Ventures.
Transaction Overview
Company Name
Announced On
9/10/2023
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to grow in existing markets, and invest in the core product offering.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Regeringsgatan 38,
Stockholm, 111 56
SE
Stockholm, 111 56
SE
Phone
Undisclosed
Website
Email Address
Overview
Treyd Services AB is a regulated payment institution with Sweden's financial supervisory authority (Finansinspektionen), identification number 57683. Smaller businesses and merchants are often forced to pay suppliers upfront, months before the goods arrive and are ready to sell. In fact, 30% of world trade is paid cash-in-advance, causing a cash flow strain that holds businesses back and gets in the way of growth. We wanted to solve that and help fast-growing businesses keep momentum. With Treyd, merchants can free up capital from the supply chain to hold more inventory, hire great staff or invest in marketing. The way they grow is their business -- ours is doing what we can to give them a boost along the way.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Beckman
Chief Financial Officer
Fredrik Hössjer
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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