Settle

About

Settle is a fintech platform that automates B2B payments and provides working-capital solutions for businesses.

San Francisco,California,United States
51 - 100
https://www.settle.co

Highlights

Details

Last Funding Type: Debt Financing
Last Funding Money Raised: $280M
Industries: B2B,Financial Services,FinTech,Payments,Software
Founded date: Nov 1, 2019
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: Settle Inc.

Settle is a fintech platform that automates B2B payments and provides working-capital solutions for businesses. Settle provides a single platform to pay bills, manage invoices, and apply for flexible financing solutions, making it easier for founders and small business owners to spend time on building incredible businesses.

The company was founded by Alek Koenig in November 2019 and is based in San Francisco, California.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$375.99M

Settle has raised a total of $375.99M in funding over 2 rounds. Their latest funding was raised on Jun 16, 2022 from a Debt Financing round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 16, 2022	Debt Financing	$280M	2	Atalaya Capital Citibank	—	Detail
Nov 17, 2021	Series B	$74.99M	6	Ribbit Capital	—	Detail
May 18, 2021	Series A	$15M	1	Kleiner Perkins	—	Detail
Nov 1, 2020	Seed	$6M	9	Founders Fund	—	Detail
Feb 5, 2020	Seed	—	1	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

1

0

Settle has made 1 investments. Their most recent investment was on Nov 9, 2021, when Reprise raised $62M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Nov 9, 2021 Reprise	Series B	$62M	Enterprise Software	—

Investors

Number of Lead Investors

Number of Investors

6

18

Settle is funded by 18 investors. Atalaya Capital and Citibank are the most recent investors.

Investor Name	Lead Investor	Funding Round
Atalaya Capital	Yes	Debt Financing
Citibank	Yes	Debt Financing
Ribbit Capital	Yes	Series B
Founders Fund	Yes	Seed
Village Global	Yes	Pre-seed
9Yards Capital	—	Series B
Activant Capital	—	Series B
Caffeinated Capital	—	Series B
Kleiner Perkins	—	Series B
Stripes	—	Series B