• FOUNDING YEAR: 2012
    LOCATION:
    United States
    REGION:
    California
    Last Update:
    9 Sep, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Lending platform - short term loans for businesses
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
JunkFX, BWD Inc., The Sleeter Group, Intuit apps, Citybizlist, digitalninja
EXISTING PARTNERSHIPS:
Clio, Xero, Wave, Invoiceasap, Harvest, Freshbooks, Intuit Quickbooks
COMMENT
Fundbox does not rely on traditional credit scores but instead creates a risk profile of the company by plugging and logging into its accounting software.

PEOPLE

FOUNDERS:
Eyal Shinar, Tomer Michaeli, Yuval Ariav
Board Members and Advisors:
Yuval Ariav, Micah Avni, Ron Bekkerman, Shlomo Kramer, David Krell, Eyal Shinar, David Weiden, Hemant Taneja
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Bezos Expeditions, Blumberg Capital, Emil Michael, Entree Capital, General Catalyst Partners, Jay Mandelbaum, Khosla Ventures, LionBird, NyCa Investment Partners, Philippe Suchet, Shlomo Kramer, Sound Ventures, Spark Capital, SV Angel, Tom Glocer, Vikram Pandit
KEY EMPLOYEES:
Oren Katz (VP of Research & Development)

TRACTION

VALUATION / MARKET CAP:
$625 MM in 2015
REVENUE:
-
NUMBER OF TRANSACTIONS:
22 MM
ACTIVE USERS COMMENT:
Small Business
COMMENT:
Check out for BlueVine. This is the main competitor in the USA.

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$107.5 Millions
FUNDING SERIES:
SERIES A
$17.5 Millions Closed:
SERIES B
$40 Millions Closed:
SERIES C
$50 Millions Closed:
LISTED:
NO

LATEST RESEARCH