Corporate information
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.
Funding rounds
Series D USD 110,000,000
USD 110,000,000 ( )
Investor | Profile | Country | Notes | |
---|---|---|---|---|
RPS Ventures | Led the round. | |||
GGV Capital | Venture capital firm based in the Silicon Valley and China. | |||
Institutional Venture Partners (IVP) | US-based venture capital investment firm focusing on later-stage companies and growth equity investments. | |||
Lowercase Capital LLC | Venture capital firm managed by Chris Sacca | |||
PayPal Ventures | ||||
Thomvest Ventures | The investment management firm of Peter J Thomson and his family. | |||
DCVC Management Co LLC (Data Collective) | Venture capital firm that invests in companies that are driving the big data and deep compute secular trend. | |||
Revolution. |
Series C USD 50,000,000
USD 50,000,000 ( )
Investor | Profile | Country | Notes | |
---|---|---|---|---|
Revolution Growth Fund | Led the round. | |||
DCVC Management Co LLC (Data Collective) | Venture capital firm that invests in companies that are driving the big data and deep compute secular trend. | |||
Female Founders Fund II LP | ||||
Institutional Venture Partners (IVP) | US-based venture capital investment firm focusing on later-stage companies and growth equity investments. | |||
Lowercase Capital LLC | Venture capital firm managed by Chris Sacca | |||
Thomvest Ventures | The investment management firm of Peter J Thomson and his family. | |||
Ribbit Capital | Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. | Follow-on investment. |
Series B USD 30,000,000
USD 30,000,000 ( )
Investor | Profile | Country | Notes | |
---|---|---|---|---|
Institutional Venture Partners (IVP) | US-based venture capital investment firm focusing on later-stage companies and growth equity investments. | Led the round. | ||
Ribbit Capital | Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. | Initial investment. Led the round. | ||
Aslanoba Capital | ||||
Clocktower Technology Ventures LLC | ||||
DCVC Management Co LLC (Data Collective) | Venture capital firm that invests in companies that are driving the big data and deep compute secular trend. | |||
Collaborative Fund (CollabFund) | Follow-on investment. | |||
Data Collective | Follow-on investment. | |||
Female Founders Fund LP | Follow-on investment. | |||
Lowercase Capital LLC | Venture capital firm managed by Chris Sacca | Follow-on investment. |
Venture
( )
Investor | Profile | Country | |
---|---|---|---|
India Internet Fund | |||
Wonder Ventures | |||
Nihil Mehta | Individual investor. |
Seed USD 1,200,000
USD 1,200,000 ( )
Investor | Profile | Country | Notes | |
---|---|---|---|---|
Collaborative Fund (CollabFund) | Initial investment. | |||
GV. | The venture capital arm of Alphabet Inc. (Formerly Google Ventures.) | Initial investment. | ||
Lowercase Capital LLC | Venture capital firm managed by Chris Sacca | Initial investment. | ||
Mesa Ventures | Initial investment. |
Seed USD 239,700
USD 239,700 ( ) at USD 2,600,000 pre-money valuation
Investor | Profile | Country | |
---|---|---|---|
Artha India Ventures |
Team
Employee | Position | ||
---|---|---|---|
Shivani Siroya (founder) |