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FinTech

SoFi

SoFi raises $500M Convertible Note at $8.65B valuation

2750 East Cottonwood Parkway, Salt Lake City, UT 84121February 28, 20241 min read
Total Raised
$500M
Valuation
$8.65B
Latest Round
Convertible Note
Employees
4500+

SoFi: Convertible Note Funding Round

SoFi has successfully raised $500M in Convertible Note funding, reaching a valuation of $8.65B.

Company Overview

Online personal finance company

Funding Details

The Convertible Note round was led by SoftBank, with participation from Silver Lake, Qatar Investment Authority, Third Point, Chamath Palihapitiya.

Company Information

  • Headquarters: 2750 East Cottonwood Parkway, Salt Lake City, UT 84121
  • Founded: 2011
  • Employees: 4500+
  • Category: FinTech

Investment

SoFi plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • SoftBank: Verified investor in Convertible Note
  • Silver Lake: Verified investor in Convertible Note
  • Qatar Investment Authority: Verified investor in Convertible Note
  • Third Point: Verified investor in Convertible Note
  • Chamath Palihapitiya: Verified investor in Convertible Note

Company Info

Headquarters
2750 East Cottonwood Parkway, Salt Lake City, UT 84121
Founded
2011
Team Size
4500+
Last Round
$500M(Feb 2024)

Investors (5)

S
SoftBankLead
Lead Investor
Verified investor in Convertible Note
S
Silver Lake
Investor
Verified investor in Convertible Note
Q
Qatar Investment Authority
Investor
Verified investor in Convertible Note
T
Third Point
Investor
Verified investor in Convertible Note
C
Chamath Palihapitiya
Investor
Verified investor in Convertible Note

Topics

verified(3079)real-funding(3079)sofifintechconvertible-note2750-east-cottonwood-parkway

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