Exponent, a New York-based financing and expense management platform for franchise operators, has raised $10 million in combined Seed and Series A funding.
Investors
The $7.7 million Series A round was co-led by Era and Chailease, with participation from K8 Fund, Kyle Kuzma, Haza Foods, and Chunara Group.
Era is a New York-based multi-strategy investment management firm founded in 2022 that focuses on early-stage venture investments and opportunistic credit. The firm primarily targets technology and innovative companies.
Chailease is a financial services company focused on leasing, financing, and investment solutions across Asia and international markets. Originally established as China Leasing Company Limited, Chailease has expanded across Taiwan, China, ASEAN markets, the United States, and Europe, serving primarily small and medium-sized enterprises (SMEs).
Exponent Use of Funds
The company plans to use the funding to expand its lending capabilities, secure additional credit facilities, and launch AI-driven accounting tools.
About Exponent
Led by CEO Sohel Roopani, Exponent provides financing and expense management solutions tailored for franchise operators. The platform combines growth lending, a franchise-focused corporate charge card, and an AI-powered accounting suite designed to give operators real-time financial visibility and improved access to capital. By building financial tools around franchise unit economics, Exponent aims to modernize financial infrastructure for one of the largest sectors of small businesses in the U.S.
Funding Details
Company: Exponent
Raised: $10.0M
Round: Seed, Series A
Funding Date: May 2026
Lead Investors: Era, Chailease
Additional Investors: K8 Fund, Kyle Kuzma, Haza Foods, Chunara Group
Company Website: https://exponentfi.com/
Software Category: FinTech / Franchise Financial Management
Source: https://app.dealroom.co/news/feed/exponent-raises-10m-to-provide-financing-and-accounting-tools-for-franchise-operators