SILICON VALLEY, CA, EquityBee announces its Series A financing round, raising $20 million to accelerate growth.
EquityBee, the startup employees' stock options funding solution, announces its Series A financing round, raising $20M to accelerate growth, make additional hires across all departments, and expand product offerings. The round is led by Group 11 with participation from Oren Zeev Ventures, Battery Ventures, and ICON Continuity Fund. The round brings EquityBee's total funding to more than $28M.
EquityBee enables startup builders, the employees, to own their equity by exercising their stock options which allows them to benefit from the value they've created while employed at the company. When they are about to leave their company, and have a time-sensitive decision regarding their Employee Stock Options Plan (ESOP), EquityBee is there to help. EquityBee's Investor Community provides startup builders the capital they need to become shareholders in return for a share in their potential future gains.
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