Party Round: Raises $7M in Funding

Party Round Raises $7M in Funding

• Party Round, a US startup that builds fundraising tools for founders, raised $7M in funding
• The round was led by Andreesen Horowitz and Andreessen Horowitz Cultural Leadership Fund, with participation from Seven Seven Six, Abstract Ventures, and Shrug Capital
• The company intends to use the funds to expand operations and its business reach
• Led by CEO Jordi Hays, PartyRound is building a software platform that eases the process of raising early-stage corporate capital
• The tool enables founders to automate the raising process (from open to close), send docs, collect signatures, and receive funds
• It is a remote-first company but frequently spend time IRL in California and New York. Party Round currently has a team of 10 people