Fundz

Neobank Firm Vance Raises $5.8 Million In Seed Round Led By Hummingbird Ventures

PRIVATEOct 03, 2022

Amount Raised

$5.8 Million

Round Type

Seed

San FranciscoFinancial ServicesFintechBanking

Description

BANGALORE: Global neo-banking platform Vance has raised $5.8 million in a seed round led by Hummingbird Ventures. The round also saw participation from Global Founders Capital, YCombinator, Soma Capital and seasoned angels such as Alan Rutledge and Gokul Rajaram.

Quick answer

Vance raised $5.8 Million in a Seed round, dated October 3, 2022. Vance is based in San Francisco, California, United States.

How much did Vance raise?
Vance raised $5.8 Million in a Seed round on October 3, 2022.
What does Vance do?
Founded in 2022 by Parth Garg, a Stanford dropout, Vance aims to change the way global citizens engage with financial services.
Where is Vance based and how big is it?
Vance is based in San Francisco, California, United States.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as Vance that raised within 45 days of this round, from Fundz verified event records.

  • Tryllian Bank raised $415M (Debt Financing) on November 8, 2022.
  • NatWest Group raised an undisclosed amount on October 25, 2022.
  • Regional Management raised $200M (Funding Round) on October 20, 2022.
  • Maplerad raised $6M (Funding Round) on October 17, 2022.
  • NorthOne raised $67M (Series B) on October 13, 2022.
  • Telda raised $20M (Funding Round) on October 12, 2022.

Who to call at Vance, and when

A new round usually means Vance is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Vance

Location

San Francisco, California, United States

About

Founded in 2022 by Parth Garg, a Stanford dropout, Vance aims to change the way global citizens engage with financial services. Their vision is to build an all-encompassing banking platform, which will allow users to seamlessly manage separate accounts, exchange currencies, and eventually, invest in equities across markets. Unlike multi-currency wallets, a Vance account allows users to transact using local rails in different countries. The goal – enabling users to use direct debit in the US

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.