FinTechFunding

Scorpion: Raises $100M in Funding

  • Scorpion, a Salt Lake City, UT – based provider of technology and services for local businesses, raised $100m in funding
  • Bregal Sagemount made the investment
  • The company intends to use the funds to expand its technology and customer offerings
  • Founder Rustin Kretz is Chief Product Officer and Chairman of the Board
  • The company is continuing to expand its nearly 1,000 employee team, bringing increased expertise across a variety of verticals including legal, home service providers, healthcare and franchises
  • The company also has offices in California, Texas, and New York
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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