Party Round: Raises $7M in Funding

November 22, 2021

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Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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