Teamshares receives USD 245 million from leading VC firms

Date:

Share post:

With its most recent funding announcement, Teamshares, the innovative market leader for employee ownership in small businesses, has garnered media attention.

The company has acquired USD 245 million in venture capital. Among the recent inflow is a significant USD 124 million Series D funding round. Frank Rotman of QED Investors served as the inspiration behind this Series D round.

Former investors Inspired Capital, Khosla Ventures, Slow Ventures, Spark Capital, and Union Square Ventures all played a significant role in the investment.

Teamshares says that the company is supported by customized software, thorough training, and cutting-edge financial tools. They intend to create a remarkable USD 10 billion in new wealth through employee stock ownership.

Read More: Teamshares attains a staggering $245m from top VC firms

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Related articles

Why is Sustainable FinTech Critical Today

FinTech offers robust convenience and security for financial transactions. But now, many customers are more keen on the...

Inswitch Partners with n1co Technologies To Improve Financial Inclusion In El Salvador

Inswitch, a global company in embedded finance technology, has partnered with n1co Technologies, a fintech company from El...

Billtrust Expands Partnership With Visa To Support Business Payments Network

Billtrust, a company in helping businesses manage orders and payments, has expanded its partnership with Visa. Together, they...

Open Payment Technologies Ltd Launches New Digital Wallet App “Kuady”

Open Payment Technologies Ltd is announcing the launch of its digital wallet app "Kuady". Kuady is designed to...