TomoCredit Raises $7 Million in Seed Funding to Open Access to Credit for “Cash Rich, Credit Poor” Individuals and Help Build and Boost Credit Scores
Amount Raised
$7 Million
Round Type
Seed
San FranciscoInformation TechnologyFinancial ServicesSoftwareDescription
TomoCredit, a fintech startup offering a credit card designed to build credit history for first-time borrowers, today announced a $7 million seed funding round, with participation from KB Investment Inc. (KBIC), a subsidiary of South Korea’s leading consumer bank, Kookmin Bank, along with Barclays, Knollwood Investment Advisory, BAM Ventures, Passport Capital, Ulu Ventures, and Strong Ventures. Notable angel investors also participating in the round include: Arlan Hamilton, founder of Backstage Capital, Michael Vaughan, former COO of Venmo, and James Kim, former head of finance at Tinder. The capital will further accelerate TomoCredit’s rapid growth through hiring and product development
Quick answer
Tomocredit raised $7 Million in a Seed round, dated February 10, 2021. Tomocredit is based in San Francisco, California, United States.
- How much did Tomocredit raise?
- Tomocredit raised $7 Million in a Seed round on February 10, 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.
- Republic raised $36M (Series A) on March 17, 2021.
- Nucleus Security raised $3.5M on March 12, 2021.
- Vendr raised $56M on March 9, 2021.
- Vendr raised $60M (Series A) on March 8, 2021.
- NYDIG IF Holdings raised $200M (Funding Round) on March 8, 2021.
- Socotra raised $13M on March 1, 2021.
Who to call at Tomocredit, and when
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- 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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Related People
Tomocredit 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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