PennyOwl Receives $1,300,000 Seed Funding Round

  • Feed Type
  • Date
    6/5/2015
  • Company Name
    PennyOwl
  • Mailing Address
    54W 40th Street New York, NY 10018 USA
  • Company Description
    At PennyOwl, we are creating a suite of tools that help parents start the money conversation. We give children a safe space to get real-world experience with saving and spending, and we stimulate thinking about money and good financial habits.
  • Website
    http://www.pennyowl.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,300,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    The company intends to use the funds to hire new people (it expects to create 30 jobs over the next three years) and grow its customer offering in the U.S. and other international markets.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor

Trending on Xconomy