A monetary expertise enterprise co-founded by Stacey Abrams has secured $29 million, which it’s going to use to develop its enterprise and outreach.
Now Corp. introduced on Thursday it’s partnering with Brigade Capital Administration and Virgo Funding Group. With Brigade Capital Administration now managing about $29.5 billion in property, Now’s CEO, Lara Hodgson, says the agency can serve extra prospects and improve product choices, in line with AtlantaInno.
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Now was based by Abrams and Hodgson in 2010. The corporate helps companies obtain their due funds in a well timed method, Now’s web site says.
Future plans for Now embrace hiring new workers and resuming in-person work. The Georgia enterprise solely has 25 workers however plans to rent throughout each sector, together with buyer success, advertising and marketing, and expertise. With most of its prospects primarily based in Georgia and the Southeast, Hodgson sees Now’s take care of Brigade Capital Administration as an opportunity to develop nationally, AtlantaInno reported.
As a part of Now’s transfer again to working in-person, the enterprise will likely be transferring operations to a brand new constructing in Atlanta, Georgia. Workers of Now have labored from dwelling because the begin of the COVID-19 pandemic however will now work a hybrid schedule. Hodgson stated she is determining the right way to facilitate in-person collaboration whereas retaining flexibility, in line with the outlet.
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Now didn’t instantly reply to the Washington Examiner’s request for remark.
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Tags: Information, cash, Stacey Abrams, Finance
Authentic Writer: Asher Notheis
Authentic Location: Stacey Abrams’ monetary expertise enterprise to develop with $29 million injection