• FOUNDING YEAR: 2008
    LOCATION:
    United States
    REGION:
    Kansas
    Last Update:
    9 Sep, 2019

Description

FOCUS

PRODUCTS & SERVICES:
C2FO B2B Marketplace-enables company to deploy and secure working capital Cash flow Optimization Tool for Invoices
MAIN CLIENTS:
Prestige Cosmetics, zestt, VIIAD Systems, Storemaxx, Pearson Millwork, NurturMe, Ipanema – Klub Nico, John M. Maris Company, Hot Sauce Harry’s, Graintex, Costco Wholesale, Nordstrom, Walgreens and many others.
COMMENT
C2FO helps companies in discrete pricing and timing of cash and cash flow.

PEOPLE

FOUNDERS:
Alexander C. Kemper, Pete Thomas
Board Members and Advisors:
Lance LeMay, William D. Zollars, Richard Chino, Alexander Sandy Kemper, David G Brown, John Buttrick, Joe Catalfamo, Ajay Gopal Royan, Will Kohler, Jay Mandelbaum
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Iron Mountain, Mithril Capital Management, OPENAIR Equity Partners, Summerhill Venture Partners, Temasek Holdings, Tiger Global Management, Union Square Ventures, Vformation, Allianz X
KEY EMPLOYEES:
Sandy Kemper (CEO); Kerri Thurston (CFO)

TRACTION

VALUATION / MARKET CAP:
$500 MM in 2015
TRANSACTIONS VALUE:
$30 MM

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$197.7 Millions
DATE OF LAST FUNDING:
Feb 2018
TOTAL FUNDING COMMENT:
The company is planning to use the funds to conduct key strategic initiatives including international growth, additional working capital solutions, development of the C2FO customer community, and for secondary share purchases from earlier investors and associates (Feb 2018).
FUNDING SERIES:
SERIES A
$3.6 Millions Closed:
SERIES B
$9.1 Millions Closed:
SERIES C
$18 Million Closed: Jul 2013
SERIES D
$27 Millions Closed: Aug 2014
SERIES E
$40 Millions Closed: Aug 2015
LISTED:
NO
COMMENT:
Series F: $100 M(Feb 2018)

LATEST RESEARCH