Remitly Obtains $5,500,000 Series A Funding

  • Feed Type
  • Date
    1/6/2014
  • Company Name
    Remitly
  • Mailing Address
    1725 Westlake Ave. N Seattle, WA 98109
  • Company Description
    Remitly has changed the way to send money. We understand the pain of sending money abroad. We make things easier and faster, and work smarter so you can send more and pay less.
  • Website
    http://www.remitly.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    We’re using this capital to accelerate our global growth and for hiring — primarily marketing, product, and operations.
  • M&A Terms
  • Venture Investor
    QED Investors
  • Venture Investor
    Trilogy Partnership
  • Venture Investor
    Founder’s Co-op
  • Venture Investor
    Bezos Expeditions
  • Venture Investor
    TomorrowVentures