C2FO

lendingsme financing

FOUNDING YEAR: 2008
LOCATION: United States
Last Update: 17/07/2020

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About

C2FO is an online B2B marketplace that uses bid system and algorithms to match buyers sitting on extra cash with suppliers ready to accept discounts for payments.

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.

Traction

VALUATION / MARKET CAP:

$500 M in 2015

TRANSACTIONS VALUE:

$30 M

People

FOUNDERS

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:

Allianz X

BlackPine

Iron Mountain

Mithril Capital Management

OPENAIR Equity Partners

Summerhill Venture Partners

Temasek Holdings

Tiger Global Management

Union Square Ventures

Vformation

KEY EMPLOYEES:

Sandy Kemper (CEO); Kerri Thurston (CFO)

Alexander C. Kemper

Chris Dark

Momentum

FUNDED

YES

TOTAL FUNDING

$397.7 M

DATE OF LAST FUNDING

Aug 2019

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 M  · Mar 2011

SERIES B  · $9.1 M  · Sep 2012

SERIES C  · $18 M  · Jul 2013

SERIES D  · $27 M  · Aug 2014

SERIES E  · $40 M  · Aug 2015

SERIES F  · $100 M  · Feb 2018

SERIES G  · $200 M  · Aug 2019

LISTED

NO

COMMENT

Series F: $100 M(Feb 2018)

BASICS

FOUNDING YEAR:

2008

LOCATION:

United States

Views:

310 VISITORS | 605 VIEWS
LATEST FUNDING ROUND

$398 M

TOTAL EMPLOYEES
51-200

About

C2FO is an online B2B marketplace that uses bid system and algorithms to match buyers sitting on extra cash with suppliers ready to accept discounts for payments.

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!

Focus+
Momentum+
Traction+
People+
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