Tally Technologies was founded in 2015 by Jason Brown and Jasper Platz. The company has not publicly endorsed plans to participate in an IPO.
Tally is an app that helps users manage credit card debt by extending a line of credit, paying down the original debt, then using AI to automate payments, optimizing them for timing and amount. The company has raised more than $170 million in venture capital funding from investors including Sway Ventures, Menora Mivtachim, Kleiner Perkins, Andreessen Horowitz, Shasta Ventures, and Cowboy Ventures. An $80 million Series D funding round in 2022 valued Tally at $855 million.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/19/2019 | Series C | $57.5MM | $xx.xx | $284.27MM | Andreessen Horowitz, Cowboy Ventures, Kleiner Perkins, Shasta Ventures, Sway Ventures | |
Price per Share
$xx.xx
Shares Outstanding
8,263,000
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
--
Key Investors
Andreessen Horowitz, Cowboy Ventures, Kleiner Perkins, Shasta Ventures, Sway Ventures
|
||||||
07/24/2018 | Series B | $25MM | $xx.xx | $110.85MM | Cowboy Ventures, Kleiner Perkins, Shasta Ventures, Sway Ventures | |
Price per Share
$xx.xx
Shares Outstanding
7,074,334
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
--
Key Investors
Cowboy Ventures, Kleiner Perkins, Shasta Ventures, Sway Ventures
|
||||||
05/20/2016 | Series A | $15MM | $xx.xx | $48.52MM | Aitv, Cowboy Ventures, Shasta Ventures, Silicon Valley Bank | |
Price per Share
$xx.xx
Shares Outstanding
6,991,374
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
--
Key Investors
Aitv, Cowboy Ventures, Shasta Ventures, Silicon Valley Bank
|
||||||
06/05/2015 | Series Seed | $2MM | $xx.xx | $10MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
3,185,719
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
--
Key Investors
Undisclosed Investors
|