Over the last year and a half, we’ve been working hard to offer small business owners a common-sense approach to managing their cash flow, all powered by science. Our mission has been and will continue to be to give small businesses the peace of mind to focus on their business instead of worrying about cash flow gaps.
That’s why today, we’re excited to announce our $17.5MM series A round. We are very fortunate to have some of the most innovative people in technology and finance to help us make our vision a reality.
The investment was led by Khosla Ventures and includes SV Angel and Vikram Pandit, the former chief executive of Citigroup, and several other distinguished investors. The investment will be used to scale our operation, further develop our product, increase marketing outreach efforts, and expand our headquarters in San Francisco.
Read more about our exciting series A round:
TechCrunch – Lending Startup Fundbox Raises $17.5M From Khosla To Help SMBs Improve Cash Flow
WSJ – The Daily Startup: Fundbox Fills Up With $17.5M for Small-Biz Loans
VentureBeat – Fundbox gets $17.5M to give small businesses money when they need it
Forbes – Fundbox Raises $17.5M Series A To Bridge Gap Between Invoices For B2B
Mashable – Fundbox Looks to Streamline the $74 Trillion B2B Invoice Market
PandoDaily – Fundbox raises $17.5M aiming to fill small business cash-flow gaps
Fox Business – Funding Roundup: Fundbox Raises $17.5M to Close Invoice Gap for SMBs