Gatsby, Inc. announced that it has received $3.744994 million in funding from Mango Capital, Inc., DigVentures Ltd., Fathom Capital, Trinity Ventures, and other investors.
May 23, 2018
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Gatsby, Inc. announced that it has issued 3,852,082 series seed preferred shares at a price of $0.9722 per share for gross proceeds of $3,744,994 in a round of funding on May 24, 2018. The round was led by Dan Scholnick of new investor Trinity Ventures. The transaction also included participation from new investors Mango Capital, Inc. (OTCPK:MCAP), DigVentures Ltd., Fathom Capital, and the Pantheon founding team which includes Zack Rosen, Josh Koenig, Matt Cheney, David Strauss. The shares carry dividend at a fixed rate of 8% per annum and will be convertible into common shares at a fixed conversion price of $0.9722 per share. The transaction was raised at a post-money valuation of $3,744,994.
MCAP Inc. operates financial technology companies, which focus on the rapidly changing and digitalization of the global financial markets. The Companyâs subsidiaries include MCAP Technologies LLC, MBIT LLC, and MCAP LLC. MCAP Technologies LLC is a financial technology company, which develops software utilized in various financial markets. MBIT LLC is a digital asset company, which is focused on crypto-currency, DeFi protocols and blockchain integration in the global financial markets. MCAP LLC is a broker-dealer focused on electronic securities market making. MCAP LLC connects institutional investors, broker-dealers and companies to the global equity and fixed income markets. Its products or services include electronic securities market making, application software, securities trading platforms and financial technology. The Company targets opportunities that provide efficiencies within the existing financial services industry.
Gatsby, Inc. announced that it has received $3.744994 million in funding from Mango Capital, Inc., DigVentures Ltd., Fathom Capital, Trinity Ventures, and other investors.
MCAP INC. 
