Tala is a fintech company and developer of a range of products including a lending app that aims to instantly underwrite and deliver credit to customers who have little or no formal borrowing history. With a mission to improve the finance technology infrastructure, the company utilizes artificial intelligence for savings, transfers, credit payments, and more. Tala was founded by Shivani Siroya in 2011 and is headquartered in Los Angeles, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/14/2021 | Series E | $148.39MM | $xx.xx | $736.75MM | Upstart, Stellar Development Foundation, Kindred Ventures, J. Safra Group, IVP, Revolution Growth, PayPal Ventures, Lowercase Capital | |
Price per Share
$xx.xx
Shares Outstanding
43,402,695
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Upstart, Stellar Development Foundation, Kindred Ventures, J. Safra Group, IVP, Revolution Growth, PayPal Ventures, Lowercase Capital
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08/21/2019 | Series D | $111MM | $xx.xx | $595.39MM | RPS Ventures, GGV, IVP, Revolution Growth, Lowercase Capital, Data Collective VC, ThomVest Ventures, PayPal Venture | |
Price per Share
$xx.xx
Shares Outstanding
32,804,031
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
RPS Ventures, GGV, IVP, Revolution Growth, Lowercase Capital, Data Collective VC, ThomVest Ventures, PayPal Venture
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04/17/2018 | Series C | $60MM | $xx.xx | $245.14MM | Revolution Growth, IVP, Data Collective, Lowercase Capital, Ribbit Capital, Female Founders Fund | |
Price per Share
$xx.xx
Shares Outstanding
35,724,024
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Revolution Growth, IVP, Data Collective, Lowercase Capital, Ribbit Capital, Female Founders Fund
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02/22/2017 | Series B | $30.34MM | $xx.xx | $77.92MM | IVP, Ribbit Capital, Lowercase Capital, Data Collective, Collaborative Fund, Female Founders Fund | |
Price per Share
$xx.xx
Shares Outstanding
42,074,438
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
IVP, Ribbit Capital, Lowercase Capital, Data Collective, Collaborative Fund, Female Founders Fund
|
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06/30/2015 | Series A | $10.33MM | $xx.xx | $34.79MM | Data Collective, Bam Ventures Wonder Ventures, Clocktower Technology Ventures, Female Founders Fund | |
Price per Share
$xx.xx
Shares Outstanding
19,283,176
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Data Collective, Bam Ventures Wonder Ventures, Clocktower Technology Ventures, Female Founders Fund
|
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02/07/2012 | Seed-2 | $2.03MM | $xx.xx | $5.02MM | Lowercase Capital, Google Ventures, Collaborative Fund, Mesa Ventures, Mumbai Angels, TYLT lab, Wonder Ventures | |
Price per Share
$xx.xx
Shares Outstanding
15,958,316
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Lowercase Capital, Google Ventures, Collaborative Fund, Mesa Ventures, Mumbai Angels, TYLT lab, Wonder Ventures
|
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08/15/2011 | Seed-1 | $317,653 | $xx.xx | $794,134 | India Internet Fund | |
Price per Share
$xx.xx
Shares Outstanding
3,723,956
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
India Internet Fund
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