Penny Secures $1,200,000 Seed Financing Round

  • Feed Type
  • Date
    5/25/2016
  • Company Name
    Penny
  • Mailing Address
    Undisclosed San Francisco, CA 94103 USA
  • Company Description
    Penny sends you beautiful tailored charts and insights to help you know how you’re spending in real time. Avoid overdrafts and where did my money go? damage control.
  • Website
    http://www.pennyapp.io
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,200,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    The startup will use the funding to hire one or two people to deepen their expertise in machine learning, a critical (but often forgotten) part of developing a bot.
  • M&A Terms
  • Venture Investor
    Social Capital