• FOUNDING YEAR: 2007
    LOCATION:
    United States
    REGION:
    Florida
    Last Update:
    13 Sep, 2019

Description

FOCUS

PRODUCTS & SERVICES:
A financial services company offering services such as credit cards, debit cards and money transfer RevolutionCard-It differs from other credit cards by using PIN-activation, rather than signatures MoneyExchange-Let users transfer money between one another

PEOPLE

FOUNDERS:
Jason Hogg, Patrick Graf
Board Members and Advisors:
Franklin Raines, Lawrence Summers
INVESTORS:
Citigroup, David Golden, David Pottruck, Deutsche Bank, Goldman Sachs, Morgan Stanley, Revolution LLC, RRE Ventures, Steve Case, Ted Leonsis

TRACTION

VALUATION / MARKET CAP:
$300 MM in 2009
VALUATION COMMENT
At the time of Acquistion value

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$107 Million
FUNDING SERIES:
SERIES B
$50 Millions Closed: Sep 2007
SERIES C
$42 Millions Closed: Apr 2009
SERIES D
$15.2 Millions Closed: Jun 2009
LISTED:
NO

LATEST RESEARCH