Tomocredit Raises $10 Million In Series A Funding To Help Build Credit For First Time Borrowers
Amount Raised
$10 Million
Round Type
Series A
San FranciscoInformation TechnologyFinancial ServicesSoftwareDescription
TomoCredit, a fintech company offering a credit card focused on building a credit history for first-time borrowers, today announced a $10 million Series A funding round led by Kapor Capital and KB Investment Inc. (KBIC), a subsidiary of South Korea’s leading consumer bank. This comes on the heels of TomoCredit raising $7 million in seed funding, which brings the total funding to $17 million this year. The company also appointed Ash Gupta, former CRO at American Express, to the board.
Quick answer
Tomocredit raised $10 Million in a Series A round, dated September 15, 2021. Tomocredit is based in San Francisco, California, United States.
- How much did Tomocredit raise?
- Tomocredit raised $10 Million in a Series A round on September 15, 2021.
- What does Tomocredit do?
- TomoCredit is a next-generation credit card, catering to students, working professionals, and immigrants looking to build a better financial future in the U.S. TomoCredit is backed by KB Investment, Kapor Capital,..
- Where is Tomocredit based and how big is it?
- Tomocredit is based in San Francisco, California, United States.
- Who are the decision-makers at Tomocredit?
- Fundz holds 1 contact at Tomocredit. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Software around the same time
Companies in the same sectors as Tomocredit that raised within 45 days of this round, from Fundz verified event records.
- Quavo raised $6.6M on October 29, 2021.
- Brightline Interactive, Inc. raised $15M (Post-IPO Equity) on October 29, 2021.
- Vakilsearch raised $10M (Funding Round) on October 29, 2021.
- Gigged.Ai raised $784K (Seed) on October 29, 2021.
- Torpago raised $77M on October 28, 2021.
- Atlys raised $4.3M (Seed) on October 28, 2021.
Who to call at Tomocredit, and when
A new round usually means Tomocredit is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Tomocredit raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Tomocredit, from your own LinkedIn network
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Funding Insights
What this usually meansTomocredit raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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