• FOUNDING YEAR: 2014
    LOCATION:
    United States
    REGION:
    New York
    Last Update:
    9 Sep, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Consumer finance company - enables purchase with a pay over time option.
COMMENT
Bread has a good technology integration with its merchant's websites.

PEOPLE

FOUNDERS:
Josh Abramowitz, Daniel Simon
Board Members and Advisors:
Mark Siegel
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Kinnevik, Bessemer Venture Partners, Menlo Ventures, RRE Ventures, Colle Capital, Cue Ball, Victory Park Capital, Red Swan Ventures, Maveron, Greycroft Partners, BoxGroup, Montage Ventures
KEY EMPLOYEES:
Josh Abramowitz (CEO)

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$200.3 Millions
DATE OF LAST FUNDING:
Sep 2018
TOTAL FUNDING COMMENT:
The company will use the funds to develop it's omnichannel capabilities and also to expand into new verticals and strategic opportunities. (Sep. 2018)
FUNDING SERIES:
SERIES A
$14.3 Millions Closed: Nov 2015
SERIES B
$126 Million Closed: Aug 2017
SERIES C
$60 Millions Closed: Sep 2018
COMMENTS
SERIES B : Raised Series B in Equity and Debt combined
LISTED:
NO

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