Better Finance

lendingsme financing

FOUNDING YEAR: 2009
LOCATION: United States
Last Update: 01/05/2020

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About

Better Finance, Inc. is a financial technology company providing innovative solutions for small business lending. The company was founded in 2009 by a team of experienced financial services entrepreneurs with backing from leading venture capital firms including Investor Growth Capital, Venrock, First Round Capital, Baseline Ventures, and SoftTech VC.

Focus

PRODUCTS & SERVICES

SmartPay for Consumers,SmartBiz for Small Business,

REVENUE MODEL

The company generates revenue form fees applied on each loan.

MAIN CLIENTS

Amazing Balloons by Gee

EXISTING PARTNERSHIPS

Yahoo,Shakey's

COMMENT

Better finance charge customers lower monthly payments and rents.

Traction

VALUATION / MARKET CAP:

$262.5 M in 2015

People

BOARD MEMBERS AND ADVISORS

Brian Ascher

Stephen DeBerry

Mark Goines

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Baseline Ventures

Bronze Investments

First Round

Investor Growth Capital

Mark Goines

PayPal

SoftTech VC

SV Angel

Venrock

Momentum

FUNDED

YES

TOTAL FUNDING

$37 M

DATE OF LAST FUNDING

2013

FUNDING SERIES

SERIES A  · $4.5 M  · Jul 2010

SERIES B  · $11.5 M  · Apr 2011

SERIES C  · $21 M  · Jan 2013

LISTED

NO

BASICS

FOUNDING YEAR:

2009

LOCATION:

United States

Views:

58 VISITORS | 111 VIEWS
LATEST FUNDING ROUND

$37 M

TOTAL EMPLOYEES
51-200

About

Better Finance, Inc. is a financial technology company providing innovative solutions for small business lending. The company was founded in 2009 by a team of experienced financial services entrepreneurs with backing from leading venture capital firms including Investor Growth Capital, Venrock, First Round Capital, Baseline Ventures, and SoftTech VC.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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Momentum+
Traction+
People+
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