• FOUNDING YEAR: 2012
    LOCATION:
    United States
    REGION:
    California
    Last Update:
    9 Sep, 2019
    Phone:
    +1 650-918-0499

Description

FOCUS

PRODUCTS & SERVICES:
Loan and leasing software tools for financial firms. It helps the businesses in increasing the transaction volume and growing revenue.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
The company clients from banks, credit unions, traditional finance companies, online lenders, and marketplace platforms. Some of the clients Juhudi Kilimo, Capital Good fund, Encore capital group and more.
EXISTING PARTNERSHIPS:
Sales force, Arxxus, Incadence, Accounting Seed, SoftwareGroup, FinancialForce.
COMMENT
This end to end solution provide ways to efficiently manage loan portfolio and risk.

PEOPLE

FOUNDERS:
Darpan Saini, Snehal Fulzele, Rajendra Badadare
Board Members and Advisors:
Humphrey Polanen, Simon Yoo, Tim McCarthy, Henry Ho, Harold Rosen
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Green Visor Capital, Epic Ventures, Tim McCarthy, Long Light Capital, SF Capital Group, Simon Yoo, Cota Capital
KEY EMPLOYEES:
Snehal Fulzele (CEO)

TRACTION

VALUATION / MARKET CAP:
$53.33 MM in 2017

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$8.15 Millions
DATE OF LAST FUNDING:
Feb 2017
TOTAL FUNDING COMMENT:
The company plans to use Series B funds to expanding its global reach, to accelerate product growth and innovation, to invest in additional sales and marketing resources, and to evaluate strategic partnership opportunities.
SEED & PRIOR FUNDING:
$150 K
SEED CLOSED ON:
Aug 2014
FUNDING SERIES:
SERIES A
$8 Millions Closed: Sep 2015
SERIES B
znjicawuxk Closed: Feb 2017
COMMENTS
SERIES B : An undisclosed amount raised in Feb 2017.
LISTED:
NO

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