Bridge Bank’s technology banking group closed a $3.5 million venture debt term loan with Gooten, a technology and fulfillment company based in New York. Gooten will use the funds for continued growth and expansion.
The technology banking group of Bridge Bank closed a $15 million line of credit for EliseAI, a New York City-based technology company dedicated to building the world’s most advanced conversational artificial intelligence platform with an initial focus on rental housing.
Bridge Bank’s Boston-based technology banking group issued a venture debt term loan of $6 million to Mixlab, a pet pharmacy company.
Bridge Bank’s technology banking group provided funding to ShipHawk, a packing and shipping software company based in Santa Barbara, CA. The funding commitment includes venture debt and a recurring revenue line of credit.
Bridge Bank issued a $4 million accounts receivable-based line of credit to Ride Health, a New York City-based healthcare technology and services company focused on patient transportation. Ride Health will use the line of credit to support working capital needs.