Tech Company Financing Transactions

Chime Funding Round

Menlo Ventures, Aspect Ventures and Cathay Innovation participated in a $70 million Series C funding round for Chime. The round was announced on 6/1/2018.

Transaction Overview

Company Name
Announced On
6/1/2018
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series C
Investors
Proceeds Purpose
With the additional funding, Chime plans to scale the business further, not only with marketing and new hires to expand its nearly 80-person team in San Francisco to over 100, but also in the types of products it will offer and other new features.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
250 Sutter St.
San Francisco, CA 94108
USA
Email Address
Overview
Chime's business was built on the principle of protecting our members and helping them get ahead. That means we don't profit off of you. We profit with you: every time you use your Chime debit card, we earn a small amount from Visa (paid by the merchant).
Profile
Chime LinkedIn Company Profile
Social Media
Chime Company Twitter Account
Company News
Chime News
Facebook
Chime on Facebook
YouTube
Chime on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Chris Britt
  Chris Britt LinkedIn Profile  Chris Britt Twitter Account  Chris Britt News  Chris Britt on Facebook
Chief Financial Officer
Matthew Newcomb
  Matthew Newcomb LinkedIn Profile  Matthew Newcomb Twitter Account  Matthew Newcomb News  Matthew Newcomb on Facebook
Chief Marketing Officer
Melissa Alvarado
  Melissa Alvarado LinkedIn Profile  Melissa Alvarado Twitter Account  Melissa Alvarado News  Melissa Alvarado on Facebook
Chief Operating Officer
Mark Troughton
  Mark Troughton LinkedIn Profile  Mark Troughton Twitter Account  Mark Troughton News  Mark Troughton on Facebook
Chief Technical Officer
Ryan King
  Ryan King LinkedIn Profile  Ryan King Twitter Account  Ryan King News  Ryan King on Facebook
Vice President
Brian Mullins
  Brian Mullins LinkedIn Profile  Brian Mullins Twitter Account  Brian Mullins News  Brian Mullins on Facebook
VP - Administration
Dennis Yu
  Dennis Yu LinkedIn Profile  Dennis Yu Twitter Account  Dennis Yu News  Dennis Yu on Facebook
VP - General Counsel
Kate Karas
  Kate Karas LinkedIn Profile  Kate Karas Twitter Account  Kate Karas News  Kate Karas on Facebook
VP - Human Resources
Elizabeth Steinberg
  Elizabeth Steinberg LinkedIn Profile  Elizabeth Steinberg Twitter Account  Elizabeth Steinberg News  Elizabeth Steinberg on Facebook
VP - Operations
Janelle Sallenave
  Janelle Sallenave LinkedIn Profile  Janelle Sallenave Twitter Account  Janelle Sallenave News  Janelle Sallenave on Facebook
VP - Product Management
Zach Smith
  Zach Smith LinkedIn Profile  Zach Smith Twitter Account  Zach Smith News  Zach Smith on Facebook


 

 

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Prev: 6/1/2018: BluDiagnostics venture capital transaction
Next: 6/2/2018: Wikia venture capital transaction

 

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Where The Data Comes From

We report on all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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