Dwolla Raises $16.5 Million of Series C Funding

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C Round: $16,500,000

Founded: 06/2008
Industry: eCommerce

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Des Moines, Indiana – Dwolla, a free web based software platform which allows users to send, receive, and request funds from any other user with a maximum fee of only 25 cents per transaction has raised $16.5 million of series C funding.

The new round of funding was led by Andreessen Horowitz and backed by previous investors Village Ventures, Thrive Capital, and Union Square Ventures. The new capital will be used in enhancing its enterprise flagship products and also for global marketing.


Funding Total: $16,500,000

Round Date Amount Pre Amount Post Amount
C 05/2013 $16,500,000
Investors: Andreessen Horowitz, Village Ventures, Union Square Ventures, Thrive Capital

See all fundings here


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