/Companies

Quavo

Wilmington, US · 2 known investors

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Quavo provides automated fraud and dispute management software and expert-led services for financial institutions, including issuers, processors, and fintechs, helping them handle chargebacks and dispute resolution while maintaining regulatory compliance. Its cloud-based platform serves banks and financial institutions across the United States.

Founders & leadership

DP
Daniel PenneCo-Founder and Chief Financial Officer
JWJoseph W. McLean
Joseph W. McLeanCo-founder · Chief Executive OfficerJoseph W. McLean is founder of Quavo, an AI-powered dispute automation and chargeback management platform for financial institutions. He holds multiple degrees in information technology and has led teams that developed business process management software solutions recognized with industry awards.
D
DaveCPO & Co-Founder
D
DanCFO & Co-Founder
R
RichExecutive Advisor & Co-Founder
RJRichard Jefferson
Richard JeffersonCo-Founder | Strategic AdvisorHe has spent his career developing banking applications and related infrastructure, and is beginning to invest in early-stage startups.

Board

JPJohn Philpott
John PhilpottBoard directorPartner at FINTOP Capital
TC
Trevor ClarkeBoard director
JWJared Winegrad
Jared WinegradBoard Member2021–2025Partner at FINTOP Capital

Investors · 2

Funding

SEC filings, press & company announcements

$311.6M disclosed across 4 rounds · 2021–2025

▶$2MraisedApr 2023 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Daniel PenneExecutive Officer, Director
  • John PhilpottDirector
  • Richard JeffersonExecutive Officer, Director
  • Trevor ClarkeDirector
  • Jared WinegradDirector
  • Joseph McLeanExecutive Officer
Offering amount
$2M
Amount sold
$2M
First sale
Mar 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3MraisedJul 2022 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Daniel PenneExecutive Officer, Director
  • Trevor ClarkeDirector
  • Richard JeffersonExecutive Officer, Director
  • John PhilpottDirector
  • Jared WinegradDirector
  • Joseph McLeanExecutive Officer
Offering amount
$3M
Amount sold
$3M
First sale
Jul 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$6.6MraisedOct 2021 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • John PhilpottDirector
  • Jared WinegradDirector
  • Joseph McLeanExecutive Officer
  • Richard JeffersonExecutive Officer, Director
  • Daniel PenneExecutive Officer, Director
Offering amount
$6.6M
Amount sold
$6.6M
First sale
Oct 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Quavo do?
Quavo provides automated fraud and dispute management software and expert-led services for financial institutions, including issuers, processors, and fintechs, helping them handle chargebacks and dispute resolution while maintaining regulatory compliance. Its cloud-based platform serves banks and financial institutions across the United States.
Who founded Quavo?
Quavo was founded by Daniel Penne, Joseph W. McLean, Dave, Dan, Rich.
Who are Quavo's investors?
Quavo's investors include FINTOP Capital, Spectrum Equity.
How much funding has Quavo raised?
Quavo has disclosed $311.6M raised across 4 rounds.
Where is Quavo headquartered?
Quavo is headquartered in Wilmington, US.