Fundbox is a company that provides a web and mobile-based platform for small-medium enterprises (SMEs) to manage their cash flow. Fundbox was founded in 2012 by Eyal Shinar, Tomer Michaeli, and Yuval Ariav. Fundbox aims to simplify how SMEs receive payment and acquire funding to operate. Fundbox is based in San Francisco, California.
Fundbox has three services. The first is an invoicing solution for B2B SMEs that provide net payment terms for the SMEs’ customers to increase payment processing speed. The second is a line of credit offering for SMEs to grow their businesses. The last service provides an extended payment term for SMEs’ supplies and inventory purchases.
Fundbox has received total funding of $107.5 million from four funding rounds since 2014. Fundbox’s most recent round was a Series C held in 2015, raising $50 million in capital. Eighteen investors have financed Fundbox, with three among them as lead investors. These past investors include Sound Ventures, Khosla Ventures, FJ Labs, Spark Capital, and Entrée Capital.
Fundbox raises $20M in extended Series C Funding round.
Fundbox confirms that it received a fresh equity investment from MUFG Innovation Partners Co., Ltd., the corporate VC division of Mitsubishi UFJ Financial Group, which is the biggest financial group in Japan.
Fundbox raises $326 million in funding to enhance its B2B payments and credit Network.
Fundbox raises a $176,000,000 series C round from Hamilton Lane, Cathay Innovation, Synchrony Financial, HarbourVest Partners, Recruit Strategic Partners, Khosla Ventures, SEB Private Equity, Arbor Ventures, Spark Capital, General Catalyst, 9Yards Capital, MUFG Innovation Partners, Allianz, Healthcare of Ontario Pension Plan, GMO Internet Group and Allianz X.
A company offering business lines of credit.
VP of Research & Development
VP of Finance & Strategy
VP of of New Products & Innovation
Chief Product Officer