Tech Company Financing Transactions

ModernFi Funding Round

ModernFi secured a $18.7 million Series A funding round on 1/23/2024. Investors included Canapi Ventures, Andreessen Horowitz and First Horizon Bank.

Transaction Overview

Company Name
Announced On
1/23/2024
Transaction Type
Venture Equity
Amount
$18,700,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
562 West End Ave Apartment 6th Floor
New York, NY 10024
USA
Phone
Undisclosed
Email Address
Overview
ModernFi was founded to empower banks through technology. By creating an efficient interbank market, we allow banks to increase their operational efficiency. We put our talent and technology at the service of banks to help them prosper and better serve their surrounding communities.
Profile
ModernFi LinkedIn Company Profile
Social Media
ModernFi Company Twitter Account
Company News
ModernFi News
Facebook
ModernFi on Facebook
YouTube
ModernFi on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Paolo Bertolotti
  Paolo Bertolotti LinkedIn Profile  Paolo Bertolotti Twitter Account  Paolo Bertolotti News  Paolo Bertolotti on Facebook
Chief Operating Officer
Adam DeVita
  Adam DeVita LinkedIn Profile  Adam DeVita Twitter Account  Adam DeVita News  Adam DeVita on Facebook
Chief Technical Officer
Andrew Palmer
  Andrew Palmer LinkedIn Profile  Andrew Palmer Twitter Account  Andrew Palmer News  Andrew Palmer on Facebook


 

 

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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 derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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