Fasten Receives $10,000,000 Series A Funding Round

  • Feed Type
  • Date
    11/14/2016
  • Company Name
    Fasten
  • Mailing Address
    745 Atlantic Avenue Boston, MA 02111 USA
  • Company Description
    At Fasten, we believe ridesharing will be a mainstay in the future of transportation. But only after ridesharing companies make serious changes to the way they operate. For instance, charging 20% commission from drivers is unsustainable.
  • Website
    http://www.fasten.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Fasten will use the new funds to hire more developers, accelerate product development and “solidify” its positions in its two current markets: Boston and Austin.
  • M&A Terms
  • Venture Investor
    Almaz Capital Partners
  • Venture Investor
    Investor
  • Venture Investor
    Investor

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