Tech Company Financing Transactions

cred.ai Funding Round

cred.ai, based in Philadelphia, raised $18 million in funding from Darco Capital and private investors.

Transaction Overview

Company Name
Announced On
8/13/2020
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series A
Investors

Darco Capital (Lead Investor)

private investors (Benjamin Simmons)

private investors (John Legend)

private investors (Michael Rubin)

private investors (Timothy Armstrong)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Philadelphia, PA 19019
USA
Phone
Undisclosed
Email Address
Overview
cred.ai is a high-tech and premium everyday card spending experience, 100% mobile with a free metal card. With the cred.ai guaranty you never pay fees or interest, never overspend, build credit automatically1, and spend your paycheck early2, with cutting edge tech you can't get anywhere else.
Profile
cred.ai LinkedIn Company Profile
Social Media
cred.ai Company Twitter Account
Company News
cred.ai News
Facebook
cred.ai on Facebook
YouTube
cred.ai on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ry Brown
  Ry Brown LinkedIn Profile  Ry Brown Twitter Account  Ry Brown News  Ry Brown on Facebook
Chief Operating Officer
Todd Sandler
  Todd Sandler LinkedIn Profile  Todd Sandler Twitter Account  Todd Sandler News  Todd Sandler on Facebook
President
Dylan Brown
  Dylan Brown LinkedIn Profile  Dylan Brown Twitter Account  Dylan Brown News  Dylan Brown on Facebook
VP - Bus. Development
Jay Hershman
  Jay Hershman LinkedIn Profile  Jay Hershman Twitter Account  Jay Hershman News  Jay Hershman on Facebook
VP - Product Management
Shelly Verma
  Shelly Verma LinkedIn Profile  Shelly Verma Twitter Account  Shelly Verma News  Shelly Verma on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/13/2020: Mighty Labs venture capital transaction
Next: 8/14/2020: Natural Fiber Welding venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary