Palo Alto based provider of stock options funding solutions raised $55m in Series B funding led by Group 11.
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EquityBee raises $55m in Series B funding
“The average employee needs $140,000 in cash to exercise fully,” Barzilai said. In total he estimates that there is up to $60 billion swimming around in stock options annually among startups, but that more than 55% of that goes unexercised every year. “It’s a big amount that they are losing,” he said of employees who are missing out.
