Amount Raised
$1.5 Million
Round Type
Series B
New YorkFinancial ServicesFinanceInvestors
Description
Binah Capital Group, Inc. has successfully completed a private placement of 150,000 shares of Series B Junior Convertible Preferred Stock. This funding round raised a total of $1,500,000 at a price of $10.00 per share. The investment aims to bolster the company's financial position and support its expansion plans.
Quick answer
Binah Capital Group raised $1.5 Million in a Series B round, dated June 10, 2020. Investors: Series B Investors. Binah Capital Group is based in New York, New York, United States.
- How much did Binah Capital Group raise?
- Binah Capital Group raised $1.5 Million in a Series B round on June 10, 2020.
- Who invested in Binah Capital Group?
- Series B Investors is named as investors in this round.
- What does Binah Capital Group do?
- Binah Capital Group is a financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors.
- Where is Binah Capital Group based and how big is it?
- Binah Capital Group is based in New York, New York, United States.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Binah Capital Group that raised within 45 days of this round, from Fundz verified event records.
- CIM Group raised $40M (Corporate Round) on July 21, 2020.
- ENvue Medical, Inc. raised $450K (Seed) on July 6, 2020.
- Angelo raised $1B (Angel) on July 2, 2020.
- Athene raised an undisclosed amount (Series C) on June 5, 2020.
- USBC raised $5M (Funding Round) on June 2, 2020.
- Horizon Technology Finance raised $20M (Debt Financing) on May 26, 2020.
Who to call at Binah Capital Group, and when
A new round usually means Binah Capital Group is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Binah Capital Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Binah Capital Group, from your own LinkedIn network
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Funding Insights
What this usually meansBinah Capital Group 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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