Founded
31 Dec 2011

Address

Inventure Capital Corp
1119 Colorado Avenue
Suite 12
Santa Monica, CA 90401
United States

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Inventure Capital Corp
1450 2nd Street
Suite 126
Santa Monica, CA 90401
United States

Open Map

Inventure Capital Corp
920 Santa Monica Blvd
Santa Monica, CA 90401
United States

Open Map

Business classification

VCID: 496072
    Profile
    Founders

    Corporate information


    Renamed to


    Registration country

    Official identities

    US CIK 0001528762

    Investment activity status
    Active investor

    Company type

    Mobile tech and data science company that's working to change the way credit scoring and financial services work around the world.

    Overview

    Tala wants to create a market where simple mobile tools and intelligent data can change perceptions and circumstances, and thereby open new channels where buyers and sellers can connect and create new models in which to transact. We are a mobile-first technology company that provides simple credit scoring and accounting tools to SMEs in emerging markets. Our solutions target the >4 billion people across the globe currently lacking a credit score, and the rapidly growing number of lenders desperate to find them. We believe in the immense potential of the 'emerging middle class' and seek to empower individuals with the tools and resources to lift themselves out of poverty. We want to turn data collection, analysis and underwriting on its head, and introduce greater fairness and transparency in the system.

    Current employees

    Shivani Siroya founder

    Funding rounds

    Series D USD 110,000,000


    USD 110,000,000 (21 Aug 2019) Change in valuation: unknown

    Profile Country Notes
    RPS Ventures Led the round.
    Institutional Venture Partners US-based venture capital investment firm focusing on later-stage companies and growth equity investments. United States Round participant.
    Lowercase Capital LLC Venture capital firm managed by Chris Sacca United States Round participant.
    PayPal Ventures Round participant.
    Thomvest Ventures The investment management firm of Peter J Thomson and his family. United States Round participant.
    GGV Capital Holdings LLC Venture capital firm based in the Silicon Valley and China. United States Initial investment. Round participant.
    DCVC Management Co LLC Venture capital firm that invests in companies that are driving the big data and deep compute secular trend. United States
    Revolution Management Co LLC United States

    (22 Oct 2018)

    Profile Country Notes
    PayPal Ventures Led the round.

    Series C USD 50,000,000


    USD 50,000,000 (17 Apr 2018)

    Profile Country Notes
    Revolution Growth Fund Led the round.
    DCVC Management Co LLC Venture capital firm that invests in companies that are driving the big data and deep compute secular trend. United States Round participant.
    Female Founders Fund II LP United States Round participant.
    Institutional Venture Partners US-based venture capital investment firm focusing on later-stage companies and growth equity investments. United States Round participant.
    Lowercase Capital LLC Venture capital firm managed by Chris Sacca United States Round participant.
    Thomvest Ventures The investment management firm of Peter J Thomson and his family. United States Round participant.
    Ribbit Capital Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. United States Follow-on investment. Round participant.

    Debt USD 15,000,000


    USD 15,000,000 (17 Apr 2018)

    Series B USD 30,000,000


    USD 30,000,000 (22 Feb 2017)

    Profile Country Notes
    Institutional Venture Partners US-based venture capital investment firm focusing on later-stage companies and growth equity investments. United States Led the round.
    Ribbit Capital Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. United States Initial investment. Led the round.
    Aslanoba Capital Round participant.
    Clocktower Technology Ventures LLC United States Round participant.
    DCVC Management Co LLC Venture capital firm that invests in companies that are driving the big data and deep compute secular trend. United States Round participant.
    Collaborative Fund United States Follow-on investment. Round participant.
    Data Collective Follow-on investment. Round participant.
    Female Founders Fund LP United States Follow-on investment. Round participant.
    Lowercase Capital LLC Venture capital firm managed by Chris Sacca United States Follow-on investment. Round participant.

    Convertible Note USD 3,000,000


    USD 3,000,000 (1 Sep 2016)

    Profile Country Notes
    Aslanoba Capital

    Series A USD 10,000,000


    USD 10,000,000 (3 Sep 2015)

    (27 Jan 2015)

    Seed USD 1,200,000


    USD 1,200,000 (29 Aug 2013)

    Profile Country Notes
    Collaborative Fund United States Initial investment. Round participant.
    GV. The venture capital arm of Alphabet Inc. (Formerly Google Ventures.) United States Initial investment. Round participant.
    Lowercase Capital LLC Venture capital firm managed by Chris Sacca United States Initial investment. Round participant.
    Mesa Ventures Initial investment. Round participant.

    Seed USD 239,700


    USD 239,700 (21 Dec 2012) at USD 2,600,000 valuation.

    Profile Country Notes
    Artha India Ventures

    (1 May 2011)

    Profile Country Notes
    Purvi Capital LLC United States Initial investment. Round participant.


    Profile Country Notes
    Bam Ventures United States

    Current and past shareholders

    Investor Contacts Round
    Artha India Ventures logo Artha India Ventures
    Seed
    Aslanoba Capital
    Convertible Note
    Series B
    Bam Ventures logo Bam Ventures
    N/A
    Clocktower Technology Ventures LLC logo Clocktower Technology Ventures LLC
    Series B
    Collaborative Fund logo Collaborative Fund
    Seed
    Series B
    Data Collective
    Series B
    DCVC Management Co LLC logo DCVC Management Co LLC
    Venture capital firm that invests in companies that are driving the big data and deep compute secular trend.
    Series B
    Series C
    Series D
    Female Founders Fund II LP logo Female Founders Fund II LP
    +1 (646) 714-4555
    Series C
    Female Founders Fund LP logo Female Founders Fund LP
    +1 (646) 714-4555
    Series B
    GGV Capital Holdings LLC logo GGV Capital Holdings LLC
    Venture capital firm based in the Silicon Valley and China.
    +1 (650) 475-2150
    Series D
    GV logo GV.
    The venture capital arm of Alphabet Inc. (Formerly Google Ventures.)
    Seed
    India Internet Fund
    Venture
    Institutional Venture Partners logo Institutional Venture Partners
    US-based venture capital investment firm focusing on later-stage companies and growth equity investments.
    +1 (650) 854-0132
    Series B
    Series C
    Series D
    Lowercase Capital LLC logo Lowercase Capital LLC
    Venture capital firm managed by Chris Sacca
    Seed
    Series B
    Series C
    Series D
    Mesa Ventures
    Seed
    [node:title] photo Nihil Mehta
    Venture
    PayPal Ventures logo PayPal Ventures
    Series D
    Venture
    Purvi Capital LLC logo Purvi Capital LLC
    N/A
    Revolution Growth Fund logo Revolution Growth Fund
    Series C
    Revolution logo Revolution Management Co LLC
    Series D
    Ribbit Capital logo Ribbit Capital
    Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services.
    Series B
    Series C
    RPS Ventures logo RPS Ventures
    Series D
    Thomvest Ventures logo Thomvest Ventures
    The investment management firm of Peter J Thomson and his family.
    +1 (415) 329-8400
    Series C
    Series D
    Wonder Ventures logo Wonder Ventures
    Venture