Comun Secures $21.5 Million Series A Funding

Comun Secures $21.5 Million Series A Funding

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On August 28, 2024, Comun, a digital bank focused on serving immigrants in the United States, announced it had secured $21.5 million in Series A funding led by Redpoint Ventures with participation from ANIMO Ventures, Costanoa Ventures, FJ Labs, RTP Global and South Park Commons. This latest round comes less than nine months after the Company announced raising an initial $4.5 million and will support Comun’s aim to become a one-stop financial partner for its customers.

The WilmerHale team advising Comun included Adam Freiman, Edwin Diaz and Arpi Youssoufian.

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