Vero: Raises $5M In Series A Funding

Vero: Raises $5M In Series A Funding

  • Vero, a NYC-based leasing infrastructure for owners and renters, raised $5M in Series A funding
  • The round, which brings total funding to more than $9M, was jointly led by Eleven Capital and Bienville Capital with participation from strategic investors LeFrak and A&E
  • In conjunction with the funding, Chad Pike, Eleven Capital’s Founder, joined company’s Board of Directors
  • The company intends to use the funds to expand its centralized product offerings and grow the team
  • The new investment will be used to expand the team and fuel product growth
  • Led by Lou Baugier, CEO and co-founder, The company provides a leasing infrastructure platform for renters and owners
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.

You May Also Like

GuavaPay’s Founder Resigns Amid Mastercard Court Battle

Founder steps down as legal issues with Mastercard escalate.Highlights: GuavaPay founder resigns due to court case with Mastercard.Mastercard...

Mastercard Challenges Guavapay as Founder Resigns

Guavapay's legal battle with Mastercard unfolds amid leadership changes.Highlights: Guavapay founder resigns amid ongoing lawsuit with Mastercard.Mastercard has...

Zepz Expands Business by Acquiring Pomelo International

The acquisition aims to diversify Zepz's services beyond remittances.Highlights: Zepz acquires Pomelo International to diversify offerings.The deal aims...

Mal Raises $230M to Launch AI-Powered Islamic Digital Bank

Innovative banking aims to integrate AI with Islamic finance principles.Highlights: Mal raises $230 million for an AI-focused Islamic...