# Dwolla

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dwolla

- Industry: Software
- Headquarters: Des Moines, US
- Website: www.dwolla.com
- Total disclosed funding: $22M
- Latest round: Series C (May 1, 2013)
- Investors on record: 5

## About

Based in Iowa, US, and founded in 2008, Dwolla, Inc. provides a software platform designed to facilitate the complex process of movement of funds and payment structure. The company is backed by investors including Thrive Capital, Union Square Ventures, Next Level Ventures, and Ludlow Ventures. In November 2020, Dwolla was named as one of the best payment processing services of 2020 by Digital.com.

Dwolla can enable users to modify or design their own payment system and can integrate it into other payment structures. The platform has additional features like automated notifications, digital wallet functionality, and bank verification. 

The company will continue to improve the platform by adding more features to make the solution for holistic and faster transfer times.

## Funding rounds

- Series C, May 1, 2013, $17M — Union Square Ventures, Village Ventures, Andreessen Horowitz, Thrive Capital
- Series B, Feb 1, 2012, $5M — Union Square Ventures, Village Ventures, SeventySix Capital, Thrive Capital

## Investors

- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Series B, Series C
- Village Ventures (https://capitalatlas.ai/funds/village-ventures) — Series B, Series C
- SeventySix Capital (https://capitalatlas.ai/funds/seventysix-capital) — Series B
- Thrive Capital (https://capitalatlas.ai/funds/thrive-capital) — Series B, Series C
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series C