Tech Company Financing Transactions
Settle Funding Round
On 7/25/2023, Settle raised $145 million in financing from Silicon Valley Bank.
Transaction Overview
Company Name
Announced On
7/25/2023
Transaction Type
Debt
Amount
$145,000,000
Round
Undisclosed
Investors
Silicon Valley Bank (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its customer base and develop its suite of lending products to empower e-commerce and consumer brands.
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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