ESO Fund
ESO Fund is a California-based venture capital investment firm founded in 2012 that provides cash advances to employees of venture-backed companies to exercise their stock options and cover related taxes. It uses a defined due diligence process and transaction protocol to evaluate and close transactions quickly, enabling leverage and tax optimization to improve ROI and provide liquidity for option holders, including those who have already exercised options. The firm focuses on technology-sector investments and operates as a registered investment adviser, managing capital across venture funds, including Fund V, with about $500 million under management.
Top Stages
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Past deals in Nicaragua
Remitly
Series E in 2019
Remitly Global, Inc. is a digital remittance company that specializes in facilitating international money transfers through its extensive network across Africa, Asia, Central Europe, and South America. Founded in 2011 and headquartered in Seattle, Washington, with additional offices in London, Manila, and Nicaragua, Remitly offers a mobile payment service that allows consumers in the United States, Canada, and the United Kingdom to send money easily to friends and family. The company utilizes advanced technology to streamline the money transfer process, eliminating unnecessary steps and fees associated with traditional methods. As a licensed money transmitter, Remitly operates in 49 states and Washington, D.C., providing a cost-effective and reliable service for its customers. Revenue is generated through transaction fees and foreign exchange spreads, positioning Remitly as a key player in the evolving financial services landscape for immigrants.
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