# Blip Labs Technologies

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

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.bliplabs.com
- Total disclosed funding: $2.1M
- Latest round: Seed (Feb 7, 2023)
- Investors on record: 7

## About

Based in New York, US, and co-founded by Michael Bank and Seth Fenster in 2022, Blip Labs Technologies, Inc. operates as a fintech company specializing in digital bill payments. In February 2023, the firm raised USD 2.1 million in seed funding from investors Austin Rief Ventures, Browder Capital, Dash Fund, Shrug Capital, etc.

The company offers a subscription-based mobile application that enables users to digitally pay bills. The company’s application offers its users a simple payment API (application programming interface) along with access to over 26,000 U.S. based billers and direct payment options, as well as user management and automatic user enrolment, engagement, and support features.

The company generates its revenue by offering its subscription-based mobile application including a Test plan at free of cost, a Start plan for pay-as-you-go, and a Custom plan at more than USD 750 per month.

The company plans to utilize its February 2023 funding to develop its product offering and add features like embedded intelligent bill management for the fintech companies, banks, credit unions, and end-users.

## Funding rounds

- Seed, Feb 7, 2023, $2.1M — Susa Ventures, Browder Capital, Shrug Capital, The Picks & Shovels Co., Dash Fund, Austin Rief Ventures, Wischoff Ventures

## Investors

- Susa Ventures (https://capitalatlas.ai/funds/susa-ventures) — Seed
- Browder Capital — Seed
- Shrug Capital (https://capitalatlas.ai/funds/shrug-capital) — Seed
- The Picks & Shovels Co. — Seed
- Dash Fund (https://capitalatlas.ai/funds/dash-fund) — Seed
- Austin Rief Ventures — Seed
- Wischoff Ventures (https://capitalatlas.ai/funds/wischoff-ventures) — Seed