5miles Garners $30,000,000 New Financing

  • Feed Type
  • Date
    1/27/2016
  • Company Name
    5miles
  • Mailing Address
    Undisclosed Dallas, TX 75240 USA
  • Company Description
    Launched in 2014, we at 5miles are working to create the best experience for local buying and selling online. We developed the 5miles app because we were fed up with online marketplaces that are hard to browse, charge expensive listing fees, and are full of spammers and fakes.
  • Website
    http://www.5milesapp.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $30,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    We very much look forward to working with the company as they continue to expand.
  • M&A Terms
  • Venture Investor
    IDG Capital Partners
  • Venture Investor
    Morningside Group
  • Venture Investor
    Susquehanna International Group

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