Possible Financial: This Seattle fintech startup just raised $11M on Zoom and shifted to a fully distributed workforce

Possible Finance was growing fast and ready to raise more venture capital. Then COVID-19 hit. "It immediately made fundraising much more difficult than anticipated," said Tony Huang, CEO and co-founder of the 3-year-old startup that runs a high-tech small loan service. But the company ended up connecting - over Zoom calls, no less - with New York-based Union Square Ventures, which eventually led a $11 million round for Possible. It was the first deal the well-known firm completed over video conferencing. Possible announced the new funding Tuesday, along with $80 million in debt financing from Park Cities Advisors to help supercharge... Read More