Bento for Business

Bento for Business

  • FOUNDING YEAR: 2014
    LOCATION:
    United States
    REGION:
    California
    Last Update:
    14 Feb, 2020
    Company priority:
    We are hiring! Know anyone awesome?

Description

FOCUS

PRODUCTS & SERVICES:
Prepaid debit products and employee expense cards Bento provide real-time control over employee spending to control business expenses by setting employee budgets on employee expense cards and utility cards
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Federal Deposit Insurance Corporation, Accerdited Business, Mastercard, Digicert Ev Secure, PCI
COMMENT
Bento provide purchase protection and also offer zero liability for the owner, as well as car renter’s insurance and ID theft protection.

PEOPLE

FOUNDERS:
Sean Anderson, Farhan Ahmad
Board Members and Advisors:
Don Kingsborough, Raymond Stern, Deanna Oppenheimer, Isaac Applbaum
NUMBER OF EMPLOYEES:
11-50

TRACTION

VALUATION / MARKET CAP:
$16.67 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$18.5 Millions
DATE OF LAST FUNDING:
Jun 2018
TOTAL FUNDING COMMENT:
The company will use the fund to boost its already impressive growth by scaling talent in marketing and engineering, as well as extending its platform across payments, spend management and business banking. (June 2018)
SEED & PRIOR FUNDING:
$2.5 Millions
SEED CLOSED ON:
Feb 2015
FUNDING SERIES:
SERIES A
$7 Millions Closed: Jun 2016
SERIES B
$9 Millions Closed: Jun 2018
LISTED:
NO

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