Welcome Tech Raises $35M to Empower Immigrant Success Start

Welcome Tech Raises $35M to Empower Immigrant Success Starting with Financial Inclusion


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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 resources.

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