Welcome Tech Secures $30M in New Funding, Expands Board of Directors, Exec Team crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
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LOS ANGELES, April 21, 2021 /PRNewswire/
Welcome Tech (or the Company ), the world s first digital platform providing immigrants and their multi-generational families with the ecosystem required to thrive in the U.S., today announced the close of a $35 million Series B financing round, bringing Welcome Tech s total funding to date to $50 million. The funding round was co-led by TTV Capital, Owl Ventures and SoftBank Group Corp s SB Opportunity Fund, with participation from Crosscut Ventures, Mubadala Capital, Next Play Capital and Owl Capital.
Welcome Tech, a recognized and trusted brand in the immigrant community, supports this critical segment of the U.S., and is growing exponentially, serving nearly three million active users. The company is building innovative solutions and offerings for this cohort, both in language and in culture, that demystify and create access to previously elusive opportunities such as financial, healthcare, and educational resou
Welcome Tech Raises $35M to Empower Immigrant Success Starting with Financial Inclusion
Welcome Tech, a digital platform providing immigrants and their multi-generational families with the ecosystem required to thrive in the U.S., today announced the close of a $35 million Series B financing round, bringing Welcome Tech’s total funding to date to $50 million. The funding round was co-led by TTV Capital, Owl Ventures and SoftBank Group Corp’s SB Opportunity Fund, with participation from Crosscut Ventures, Mubadala Capital, Next Play Capital and Owl Capital.
The company supports this critical segment of the U.S. and serves nearly three million active users. The company is building solutions and offerings for this cohort, both in language and in culture, that demystify and create access to previously elusive opportunities such as financial, healthcare, and educational resources.