# Bento Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bento-technologies

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.bentoforbusiness.com
- Total disclosed funding: $19M
- Latest round: Series B (Jun 18, 2018)
- Investors on record: 7

## About

Based in California, and founded in 2013 US, Bento Technologies, Inc. develops mobile expense management software for small and medium businesses. The company was co-founded by CEO Farhan Ahmad and Chief Product Officer Sean Anderson. The company provides a platform for businesses to manage employee spending. In August 2021, U.S. Bank entered into an agreement to acquire Bento Technologies.

The company allows small and medium businesses to secure issued payments and improved the way they manage their working capital. Bento offers its SMB clients account payable tracking and administration capabilities such as prepaid cards, virtual card technology for online payments, and artificial intelligence for receipt management.

The company generates revenue through the sale of its platform. The company offers four kinds of subscriptions on a monthly basis. Clients can choose depending on their needs for their business.

The company plans to develop its platform as the company goes after larger clients.

## Funding rounds

- Series B, Jun 18, 2018, $9M — Edison Partners, Comcast Ventures, MissionOG
- Series A, Jun 9, 2016, $7M — Comcast Ventures, Blumberg Capital, Anthemis, LionBird
- Seed, Jun 15, 2014, $2.5M — Blumberg Capital, Anthemis, LionBird, Pivot Investment Partners

## Investors

- Blumberg Capital (https://capitalatlas.ai/funds/blumberg-capital) — Seed, Series A
- Anthemis (https://capitalatlas.ai/funds/anthemis) — Seed, Series A
- LionBird (https://capitalatlas.ai/funds/lionbird) — Seed, Series A
- Pivot Investment Partners (https://capitalatlas.ai/funds/pivot-investment-partners) — Seed
- Comcast Ventures (https://capitalatlas.ai/funds/comcast-ventures) — Series A, Series B
- Edison Partners (https://capitalatlas.ai/funds/edison-partners) — Series B
- MissionOG (https://capitalatlas.ai/funds/missionog) — Series B