Addi’s $75 Million Series B Extension

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian advised Addi on the deal.

Addi, a point-of-sale lending and consumer finance services platform, announced its $75 million Series B extension led by Greycroft.

The financing comes months after the company’s $65 million Series B equity and debt financing. The company plans to use the new funding to speed up its product roadmap and geographic expansion.

The Gunderson deal team was led by Daniel Green (Picture) and Bradley Krack and included Mark Foster, Jamilah Mena and Annie Dewberry.

Involved fees earner: Annie Dewberry – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Mark Foster – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Daniel Green – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Bradley Krack – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Jamilah Mena – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian;

Law Firms: Gunderson Dettmer Stough Villeneuve Franklin & Hachigian;

Clients: ADDI;

Author: Martina Bellini