Dovly: Raises $3M in Bridge Funding

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
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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