Alloy’s $100 Million Series C Financing

Lowenstein Sandler represented Alloy in the transaction.

Alloy, the leading identity decisioning platform for banks and fintech companies, executed its $100 million Series C financing. The funding round, led by Lightspeed Venture Partners, with participation from existing investors Canapi Ventures, Bessemer Venture Partners, Avid Ventures, and Felicis Ventures, values Alloy at over $1 billion and the total amount raised to over $150 million.

The Lowenstein deal team included Anthony O. Pergola (Picture), Meredith Beuchaw, Ed Zimmerman, Samantha Fox, Megan Williams, and Bryan Sterba.

Involved fees earner: Meredith Beuchaw – Lowenstein Sandler; Samantha Fox – Lowenstein Sandler; Anthony Pergola – Lowenstein Sandler; Bryan Sterba – Lowenstein Sandler; Megan Williams – Lowenstein Sandler; Ed Zimmerman – Lowenstein Sandler;

Law Firms: Lowenstein Sandler;

Clients: Alloy;