• FOUNDING YEAR: 2015
    LOCATION:
    United States
    REGION:
    California
    Last Update:
    9 Sep, 2019

Description

FOCUS

PRODUCTS & SERVICES:
App for retailers to provide EMI options to smartphone buying customers
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Vega Express, Tu Centro Mobile, Azteck Communications and Retail Customers

PEOPLE

FOUNDERS:
Doug Ricket, Gib Lopez, Tom Ricket, Mark Heynen
Board Members and Advisors:
John Buttrick
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Arc Labs, Santander InnoVentures, ITOCHU, Union Square Ventures, Draper Nexus, Fenway Summer Ventures, Core Innovation Capital, Orange Digital Ventures, Western Technology Investment, Red Swan Ventures, Compound, OVO Fund, 500 Startups, Singularity Investments, Thinkplus, CSC Upshot Ventures, Eric Ver Ploeg, Dave Eisenberg
KEY EMPLOYEES:
Doug Ricket, CEO; Gib Lopez, COO;Mark Heynen, CBO;

TRACTION

VALUATION / MARKET CAP:
$56.17 MM in 2016

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$17.8 Millions
DATE OF LAST FUNDING:
Nov 2018
TOTAL FUNDING COMMENT:
The company will use the latest funds to spread financial inclusion and alternative financing options nationwide in Mexico. (Nov. 2018)
SEED & PRIOR FUNDING:
$3.3 Millions
SEED CLOSED ON:
Aug 2015
FUNDING SERIES:
SERIES A
$8.5 Millions Closed: Jul 2016
SERIES B
$6 Millions Closed: Sep 2017
DEBT FUNDING:
$30.7 Millions
LISTED:
NO

LATEST RESEARCH