Bread

About

Bread partners with retailers to offer pay-over-time solutions that make financing easier and more transparent.

New York,New York,United States
51 - 100
https://www.breadpayments.com/

Highlights

Details

Last Funding Type: Series Unknown
Last Funding Money Raised: $60M
Industries: Consumer Lending,Financial Services,FinTech
Founded date: Jan 1, 2014
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: Lon Operations LLC
Also Known As: Lon Operations LLC

Bread partners with retailers to offer pay-over-time solutions that make financing easier and more transparent. The company uses technology to advance consumer-friendly credit by improving access, transparency, ease-of-use, and cost. Their products help their merchant partners to grow sales by making their products accessible to more consumers.

Bread was founded in 2014 and is based in New York, NY.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$200.30M

Bread has raised a total of $200.30M in funding over 2 rounds. Their latest funding was raised on Sep 18, 2018 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Sep 18, 2018	Series Unknown	$60M	6	Kinnevik	—	Detail
Aug 2, 2017	Series B	$126M	8	Menlo Ventures	—	Detail
Nov 10, 2015	Series A	$14.30M	10	Bessemer Venture Partners	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

13

Bread is funded by 13 investors. Kinnevik and Colle Capital Partners are the most recent investors.

Investor Name	Lead Investor	Funding Round
Kinnevik	Yes	Series Unknown
Colle Capital Partners	—	Series Unknown
Bessemer Venture Partners	—	Series Unknown
Cue Ball	—	Series Unknown
Menlo Ventures	—	Series Unknown
RRE Ventures	—	Series Unknown
BoxGroup	—	Series B
Clocktower Technology Ventures	—	Series B
Greycroft	—	Series B
Bill Ullman	—	Series A