Tech Company Financing Transactions
Settle Funding Round
Settle secured a $60 million Series B financing round on 11/18/2021. Investors included Ribbit Capital, Activant Capital Group and Caffeinated Capital.
Transaction Overview
Company Name
Announced On
11/18/2021
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series B
Investors
Ribbit Capital (Lead Investor) (Nick Shalek)
Kleiner Perkins Caufield & Byers (Monica Weiss)
Proceeds Purpose
The additional capital will enable the company to introduce more products quickly and hire, primarily engineers.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
346 Barrett Dr. B5578
Stateline, NV 89449
USA
Stateline, NV 89449
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Our mission is to power the new economy. Building best-in-class tools to automate B2B payments and provide working-capital solutions for businesses. Commerce is experiencing a seismic shift. It's never been easier to create an online store or acquire new customers quickly and efficiently.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alek Koenig
Chief Technical Officer
Shane Moriah
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Where The Data Comes From
We document every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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