Tally, a San Francisco, CA-based financial automation company, raised $80M in Series D funding.
The round was led by Sway Ventures with participation from Menora Mivtachim, Kleiner Perkins, Andreessen Horowitz, Shasta Ventures and Cowboy Ventures. In conjunction with the funding, Ken Denman, General Partner at Sway Ventures, joined Tally’s Board of Directors.
The company intends to use the funds to continue to grow the business and further expand its automated debt pay-down system to help members get out of credit card debt.
Led by CEO Jason Brown, Tally is a consumer tech company that offers automated credit card debt payment services, analyzing customer financial profiles to determine the way to pay down debt and then offering eligible consumers a line of credit at a lower interest rate to support faster repayment. To date, Tally has paid more than $1 billion in credit card debt for its members.
FinSMEs
03/10/2022