CapitalOS, a San Francisco, CA-based fintech company, has secured $39 million in equity funding and debt financing.
SaaS Investors
The round was led by Group 11, with participation from Upper90, Vera Equity, Slow Ventures, and angel investors, including Huey Lin (Affirm Founding-COO), Tomer London (Gusto CPO), Michael Sindicich (EVP, GM Navan Expense), Yin Wu (CEO, Pulley), and Oz Alon (HoneyBook CEO).
Founded in 2012, Group 11 is a venture capital firm based in Beverly Hills, California. The firm seeks to make minority investments in seed-stage, early-stage, and later-stage companies. The firm prefers to invest in business products, business services, software, software-as-a-service, and FinTech sectors.
CapitalOS Use of Funds
The company will use the funding to continue scaling its business and support the growth of its network of software platform partners.
About CapitalOS
CapitalOS is an embedded spend management infrastructure for B2B platforms, allowing them to integrate spend management into their offerings with just one API call. CapitalOS provides the building blocks to launch within days, including underwriting, risk, capital, embeddable UI, and powerful APIs. CapitalOS is currently available to thousands of businesses through platforms such as Workiz, Roll Credits, and HoneyBook. The company’s mission is to provide the best-in-class embedded spend management infrastructure for B2B platforms serving small businesses.
Funding Details
Company: CapitalOS, Inc.
Raised: $39.0M
Round: Equity and Debt Funding
Funding Month: November 2023
Lead Investors: Group 11
Additional Investors: Upper90, Vera Equity, Slow Ventures, Huey Lin, Tomer London, Michael Sindicich, Yin Wu (CEO, Pulley), and Oz Alon
Company Website: https://capitalos.com/
Software Category: Spend Management Software
Source: Ronny Hassid