News

Deal Announcements

Favor Secures Series A Venture Capital Equity

Monday, March 16, 2015 5:33:00 AM PDT | VentureDeal
   Austin, Texas  --  Internet technology company Favor has raised $13 million in its first round of institutional venture capital funding.

Favor is developing a site that enables users to find a list of nearby people who are willing to run "favors" for delivering items.

The system also provides ratings and relevant comments for all the marketplace participants.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Favor previously raised $2 million in seed stage financing in September 2014 from noted venture capitalist Timothy Draper and venture capital firm Silverton Partners.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin


PCI - Level1