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Third Quarter 2012 Funding for Finovate Alumni: More Than $50 Million Raised

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August was the biggest funding month of the third quarter. Six companies raised more than $49 million, led by FreeMonee, which alone raised $34 million.

In addition to the eight companies listed below, On Deck Capital raised $100 million in credit facility commitments in late August. 

Here’s the Q3 summary for 2012:

July — $6 million raised by 2 companies

August — More than $49 million raised by 6 companies

Note: Funding that companies received before they demonstrated at Finovate was not counted. Questions? Comments? E-mail us at Julie@Finovate.com or David@Finovate.com.