# Party Round

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/party-round

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.partyround.com
- Total disclosed funding: $7M
- Latest round: Seed (Nov 18, 2021)
- Investors on record: 6

## About

Party Round, Inc. is a financial technology company that offers a fundraising platform enabling founders to easily invite friends and colleagues to participate in capital-raising efforts.Founded in 2021 and headquartered in San Francisco, US, Party Round specializes in facilitating fundraising through a unique platform. The company successfully completed its Seed funding round in November 2021, raising USD 7.000 mn led by Andreessen Horowitz, with additional participation from 776, Abstract Ventures, Gradient Ventures, Not Boring Capital, and Shrug Capital. The founders of Party Round include Jordi Hays, Kiran D, and Sarah Chase, with Jordi Hays serving as CEO. The company has one notable deal in its history, with no mentions of any major pivots or changes in business strategy.Party Round provides a fundraising platform designed to streamline the capital-raising process for entrepreneurs. Its primary offerings include software solutions that allow founders to engage their network in fundraising activities, making the process more accessible and efficient. The platform targets small to medium-sized enterprises (SMEs) and larger corporations, serving clients in various sectors including technology and finance. The company markets its services primarily in North America and select regions in Europe, catering to a diverse clientele seeking innovative financial solutions.Party Round operates under a subscription-based revenue model, where clients pay a monthly or annual fee to utilize its fundraising platform. This structure supports predictable revenue streams while allowing clients to adjust their service usage based on their needs. The company engages in direct transactions with its customers, encompassing both B2B and direct-to-consumer segments. The platform is positioned to enhance customer interactions and foster long-term partnerships through its scalable offerings.Following its Seed funding round on November 18, 2021, where Party Round raised USD 7.000 mn, the company plans to further develop its fundraising platform. The funding will support enhancements that allow founders to expand their networks for capital raising. Future strategies include launching new features aimed at improving user experience and expanding into additional markets, particularly targeting the European market by 2023. The company aims to leverage its recent funding to solidify its position in the financial technology landscape, making its platform more robust and accessible for users.

## Funding rounds

- Seed, Nov 18, 2021, $7M — Andreessen Horowitz, Abstract Ventures, Gradient Ventures, Shrug Capital, 776, Not Boring Capital

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Seed
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Seed
- Shrug Capital (https://capitalatlas.ai/funds/shrug-capital) — Seed
- 776 (https://capitalatlas.ai/funds/776) — Seed
- Not Boring Capital (https://capitalatlas.ai/funds/not-boring-capital) — Seed