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K2 Investments has injected funding into Tonik Digital Bank as part of a pre-Series C round, with plans to aid its growth phase following cash flow profitability.
Round Type
Series C
Investors
Description
K2 Investments has provided new capital to Tonik Digital Bank as part of an ongoing pre-Series C funding round. The funding supports Tonik's next growth phase, especially after achieving cash flow profitability recently. The bank's CEO, Greg Krasnov, emphasized the value of having Krzysztof Krawczyk on board, a veteran from CVC Capital Partners. Tonik reported an impressive annualized revenue run rate of over $60 million.
Fundz sees it the moment Tonik raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Tonik raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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