Sanlo Raises $3.5 Million To Help Creators Turn Their Games And Apps Into Long-Term Successful Businesses
May 12, 2021•about 4 years ago
Amount Raised
$3.5 Million
Round Type
seed
Description
Sanlo, a new company that empowers gaming and app companies with financial products to help them run healthy, sustainable businesses, today announced $3.5 million in funding. The oversubscribed round was co-led by Index Ventures and Initial Capital, with participation from LVP, Portag3 Ventures and XYZ Venture Capital. It also included prominent angel investors and operators who focus on gaming and consumer technology, such as Kristian Segestrale, as well as fintech, such as Gokul Rajaram and Charley Ma. As part of the round, Initial Capital Co-founder and Partner Ken Lamb became a board director while Index Partner Mark Goldberg and XYZ Managing Partner Ross Fubini joined as board observers.