Dovly Raises $3M in Bridge Funding
- Dovly, a Scottsdale, Arizona -based consumer credit startup, raised $3M in bridge funding
- Backers included NFX, Fawkes Global, 1984 Ventures and Croghan Investments
- This round brings company’s total funding to $5.9m to date, after having raised $2.3m in seed capital last June, led by NFX
- The company intends to use the funds to accelerate growth and marketing efforts and to further develop its product offerings
- The company provides an automated platform that allows consumers to tracks, manages and fixes their credit scores
- Founded in 2018, The company has established partnerships with multiple leading fintechs, including Chime, MoneyLion, Varo and Even Financial