Braavo Capital announced it has raised $6 million in Series A funding, and converted $2 million in seed capital from investors, bringing the total equity raised to date to nearly $8 million. Braavo, which claims to be the first company to offer Capital as a Service to mobile app entrepreneurs and developers, will use the funds to add personnel to further its mission. “Our goal is to arm founders with both the capital to take advantage of every opportunity to scale and the insights to know which path will get them there,” said Braavo cofounder Sergei Kovalenko.
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Mobile App Financing Startup Gets $6M Helping Hand
Posted by: Richard Adhikari August 23, 2018 12:34 PMBraavo Capital announced it has raised $6 million in Series A funding, and converted $2 million in seed capital from investors, bringing the total equity raised to date to nearly $8 million. Braavo, which claims to be the first company to offer Capital as a Service to mobile app entrepreneurs and developers, will use the funds to add personnel to further its mission. “Our goal is to arm founders with both the capital to take advantage of every opportunity to scale and the insights to know which path will get them there,” said Braavo cofounder Sergei Kovalenko.