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Welcome Tech Nabs $30M

2022-04-14
LOS ANGELES, CA, Welcome Tech today announced $30 million in new capital.
Welcome Tech, a digital platform providing immigrant families with the tools and services required to thrive in the U.S., today announced $30M in new capital, following an oversubscribed $35 million Series B in April 2021. This capital was raised exclusively from existing institutional investors including TTV Capital, Owl Ventures, SoftBank Group Corp's SB Opportunity Fund, Mubadala Capital, and Next Play Capital, bringing Welcome Tech's total funding to date to $70 million.

Welcome Tech, an incorporated For Benefit Corporation, is the world's first digital platform to provide the global, multigenerational immigrant community with the linguistically and culturally relevant resources to thrive in a new country. Welcome Tech's unparalleled consumer insights, first-party data, and proprietary technology inform affordable, fair, and best-in-market custom solutions across key services including banking, rewards, credit, healthcare, education, and more.
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