Suppli, an Austin, TX-based provider of a digital accounts receivable platform, raised $3.1M in Seed funding.
The round was led by Equal Ventures with participation from Audacious Ventures, Dash Fund, Chase Gilbert and Ali Javid.
The company intends to use the funds to expand its team and product offerings with multiple new features and financial products planned for this year.
Led by Ryan Ayers, co-founder, Suppli is a digital accounts receivable platform that provides construction suppliers with tools to get paid faster and reduce risk, turning their routine account management and payment tasks into an improved digital customer experience.
Since publicly launching in Q4 2022, Suppli’s active customer count is already in the double digits, and top material suppliers across the country, ranging from lumberyards to insulation contractors and beyond, are using the platform to power credit and payments for their combined 50,000-plus end customers.
FinSMEs
27/01/2023