Seventure, Vostok lead $10m round for TransferGo

French VC Seventure is currently investing from its Digital Opportunities Fund, which held an interim close on €60m in January 2018.

Hard Yaka, Revo Capital and Bootstrap Europe also participated.

Previous funding
Practica Capital provided TransferGo with €150,000 and €200,000 of early-stage funding in 2012 and 2013 respectively. Practica then led a $2.5m seed funding round for the company in 2015, alongside private investors.

Vostok provided $3.4m in series-A funding for TransferGo in 2016.

Vostok New Ventures led a $17.6m series-B funding round for TransferGo, alongside US investor Hard Yaka in December 2018.

Seventure invested $3.4m in May 2019.

Company
Established in 2012, TransferGo offers money transferring services online. The company now employs 120 people and has offices in London, Berlin, Warsaw, Vilnius and Istanbul.

People
TransferGo – Daumantas Dvilinskas (CEO).

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