Settle

company

About

Settle is a fintech platform that automates B2B payments and provides working-capital solutions for businesses.

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$280M
Industries
B2B,Financial Services,FinTech,Payments,Software
Founded date
Nov 1, 2019
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Settle Inc.

Settle is a fintech platform that automates B2B payments and provides working-capital solutions for businesses. Settle provides a single platform to pay bills, manage invoices, and apply for flexible financing solutions, making it easier for founders and small business owners to spend time on building incredible businesses.

The company was founded by Alek Koenig in November 2019 and is based in San Francisco, California.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$375.99M
Settle has raised a total of $375.99M in funding over 2 rounds. Their latest funding was raised on Jun 16, 2022 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 16, 2022 Debt Financing $280M 2 Atalaya Capital
Citibank
Detail
Nov 17, 2021 Series B $74.99M 6 Ribbit Capital Detail
May 18, 2021 Series A $15M 1 Kleiner Perkins Detail
Nov 1, 2020 Seed $6M 9 Founders Fund Detail
Feb 5, 2020 Seed 1 Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Settle has made 1 investments. Their most recent investment was on Nov 9, 2021, when Reprise raised $62M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 9, 2021 Reprise
Series B $62M Enterprise Software

Investors

Number of Lead Investors
Number of Investors
6
18
Settle is funded by 18 investors. Atalaya Capital and Citibank are the most recent investors.
Investor Name Lead Investor Funding Round
Atalaya Capital Yes Debt Financing
Citibank Yes Debt Financing
Ribbit Capital Yes Series B
Founders Fund Yes Seed
Village Global Yes Pre-seed
9Yards Capital Series B
Activant Capital Series B
Caffeinated Capital Series B
Kleiner Perkins Series B
Stripes Series B

Employee Profiles

Number of Employee Profiles
4
Settle has 4 current employee profiles, including Executive Aleksander Koenig
Executive
Employee
Executive
Employee