CapitalOS, a San Francisco, CA-based fintech company providing a spend management infrastructure for B2B platforms, raised $39M in funding.
The round was led by Group 11 with participation from Upper90, Vera Equity, Slow Ventures and established angel investors, which include Huey Lin (Affirm Founding-COO), Tomer London (Gusto CPO), Michael Sindicich (EVP, GM Navan Expense), Yin Wu (CEO, Pulley) and Oz Alon (HoneyBook CEO).
The company intends to use the funds to continue scaling its business and support the growth of its network of software platform partners.
Founded by Nir Dremer and Matan Goldschmiedt, CapitalOS is an embedded spend management infrastructure for B2B platforms. It provides the building blocks to launch within days, including underwriting, risk, capital, embeddable UI and APIs. Once integrated, CapitalOS handles the entire user journey, from onboarding to ongoing card management. It is currently available to businesses through platforms such as Workiz, Roll Credits and HoneyBook.
Cards are issued by First Internet Bank of Indiana, Member FDIC, pursuant to a license from Visa Inc.
FinSMEs
28/11/2023