Funding Round · Neobank · 2023

Koho $86M Series D extension

Koho raised $64M Series D extension led by BDC, Drive Capital, Eldridge Industries, HOOPP, Portage, Round13, TTV on December 7, 2023.

Primary
Koho
Counterparty
BDC, Drive Capital, Eldridge Industries, HOOPP, Portage, Round13, TTV
Amount
$64M
Structure
Series D extension
Date
December 7, 2023
Sub-sector
Neobank

Canadian neobank raises capital to fund growth, profitability targets, and new product development while maintaining valuation amid fintech market downturn.

Primary company
Koho
Amount
$64M
Event date
December 7, 2023
Sub-sector
Neobank
HQ
Not disclosed
Structure
Series D extension
Source published
December 7, 2023
Publisher
BetaKit

Source: betakit.com