# Branch Messenger

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/branch-messenger

- Industry: Software
- Headquarters: Minneapolis, US
- Website: www.branchapp.com
- Total disclosed funding: $105M
- Latest round: Series C (Jan 31, 2022)
- Investors on record: 10

## About

Based in Minnesota, US, and founded in 2015 by CEO Atif Siddiqi. Branch Messenger, Inc. provides a flexible workforce payments platform that enables businesses through the use of a  web and mobile application. In August 2021, the company raised a total of USD 540 million in Series B and debt funding from Addition, Crosscut Ventures Management, Matchstick Ventures, and Neuberger Berman.

Branch Messenger, Inc. offers enterprise solutions to deliver on-demand payments and empower their employees and contractors with tools including digital payouts of tips, wages, fee-free banking, and pay card alternatives.

The company plans to use its recent funding to deliver faster payments and financial services through partnerships with employers, gig platforms, staffing companies, and other businesses.

## Funding rounds

- Series C, Jan 31, 2022, $75M — General Atlantic, Crosscut Ventures Management, Drive Capital, Matchstick Ventures, Addition, HR Tech Investments LLC
- Series B, Aug 17, 2021, $19M — Crosscut Ventures Management, Drive Capital, Matchstick Ventures, Bonfire Ventures, Addition, HR Tech Investments LLC
- Series A, Aug 2, 2017, $10M — Crosscut Ventures Management, Techstars, March Capital, Matchstick Ventures
- Seed, Jan 1, 2015, $0.3M — Idealab

## Investors

- Idealab (https://capitalatlas.ai/funds/idealab) — Seed
- Crosscut Ventures Management (https://capitalatlas.ai/funds/crosscut-ventures-management) — Series A, Series B, Series C
- Techstars (https://capitalatlas.ai/funds/techstars) — Series A
- March Capital (https://capitalatlas.ai/funds/march-capital) — Series A
- Matchstick Ventures (https://capitalatlas.ai/funds/matchstick-ventures) — Series A, Series B, Series C
- Drive Capital (https://capitalatlas.ai/funds/drive-capital) — Series B, Series C
- Bonfire Ventures (https://capitalatlas.ai/funds/bonfire-ventures) — Series B
- Addition (https://capitalatlas.ai/funds/addition) — Series B, Series C
- HR Tech Investments LLC — Series B, Series C
- General Atlantic (https://capitalatlas.ai/funds/general-atlantic) — Series C