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Card Debt App Tally Triples Valuation to $855 Million in Round

  • Sway leads $80 million round that includes Kleiner, Andreessen
  • CEO says he sees consumer debt and carrying cost going up
Tally CEO Jason Brown  Source: Tally

Tally CEO Jason Brown  Source: Tally

Tally Technologies Inc., a startup that automates credit card payments, has tripled its valuation to $855 million in a funding round led by Sway Ventures.

Participants in the $80 million Series D round included Israeli insurance company Menora Mivtachim, along with earlier investors Kleiner Perkins, Andreessen Horowitz, Shasta Ventures and Cowboy Ventures. Tally was valued at $280 million in a round led by Andreessen Horowitz in 2019.