Backed Garners $1,500,000 Seed Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=339e16db-96ad-4d94-9d1e-bad1621a2fb9 - Date
12/8/2015 - Company Name
Backed - Mailing Address
106 West 32nd Street New York, NY 10001 USA - Company Description
By backing their children with a BACKED loan, parents effectively lend their credit score, and not their cash. With Backed, parents are not exposed to the usual co-signing risks. - Website
http://www.backedinc.com - Transaction Type
Venture Equity - Transaction Amount
$1,500,000 - Transaction Round
Seed - Proceeds Purposes
Backed will use half of the funds to further develop its product and hire new staff and the rest for customer acquisition. - M&A Terms
- Venture Investor
Undisclosed
