Behalf

Behalf

  • FOUNDING YEAR: 2011
    LOCATION:
    United States
    REGION:
    New York
    Last Update:
    14 Feb, 2020

Description

FOCUS

PRODUCTS & SERVICES:
Behalf offers alternative financing solutions to help small businesses to pay their vendors. It offers loans for up to $50,000 with flexible repayment terms. It helps to increase the cash flow of both consumers and merchants by providing them on-demand financing solutions.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Small businesses
EXISTING PARTNERSHIPS:
Lenovo, Bob's For Business, B Stock, 888 Lots, PCM - TigerDirect, Mastercard, FinWise Bank.
COMMENT
Behalf only charges on the purchases made and aids in improving the overall business credit rating.

PEOPLE

MEDICI analysts will analyze Behalf soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$160 Million
DATE OF LAST FUNDING:
Aug 2018
TOTAL FUNDING COMMENT:
The company is planning to use the fund to support small business growth through easy-to-access capital and financing. (Aug. 2018)
SEED CLOSED ON:
Jul 2011
FUNDING SERIES:
SERIES A
$10 Million Closed: Sep 2013
SERIES B
$120 Million Closed: Jul 2015
SERIES C
$30 Millions Closed: Aug 2018
DEBT FUNDING:
$150 Million
LISTED:
NO

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