# Creditera

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/creditera

- Industry: Software
- Headquarters: South Jordan, US
- Website: www.creditera.com
- Total disclosed funding: $7.2M
- Latest round: Series A (Nov 1, 2014)
- Investors on record: 4

## About

Creditera is a financial technology company that provides small businesses with tools to monitor and manage their credit profiles effectively, helping them enhance their financing options.Founded in 2012 in South Jordan, US, Creditera specializes in providing credit management solutions for small businesses. The company was established by Levi King and has received a total of USD 6.5 mn through its Series A funding round in November 2014, led by Kleiner Perkins alongside Album VC. Creditera has successfully closed three investment deals to date, with its most recent round in 2014.Creditera offers a comprehensive suite of financial tools, including its core product, Nav Prime, which provides small businesses with real-time credit alerts, credit reports, and personalized financial insights. In addition, Creditera facilitates business checking services and the Nav Prime Card, helping clients optimize their credit and financing options. Their services cater to a diverse clientele, including both startups and established small enterprises across the United States.Creditera generates revenue primarily through a subscription-based model for its Nav Prime membership. Clients, primarily small business owners, pay a recurring fee for enhanced credit monitoring and reporting services. Additional revenue streams may arise from partnerships with financial institutions that provide funding solutions to Creditera's customers, enhancing clients' ability to secure loans and credit lines. Pricing plans are structured to meet the unique financial needs of various business sizes.Creditera plans to utilize its recent funding of USD 6.5 mn to expand its product offerings and enhance its service capabilities. There are upcoming products in development aimed at further assisting small businesses in navigating credit complexities. Additionally, the company intends to explore market expansion opportunities in new geographic regions, targeting various sectors within the United States to increase its customer base. With the support of recent funding, Creditera aims to solidify its position in the financial technology landscape.

## Funding rounds

- Series A, Nov 1, 2014, $6.5M — Kleiner Perkins, Album VC
- Seed, Oct 30, 2013, $0.7M — Kickstart, GSD Capital partners

## Investors

- Kickstart (https://capitalatlas.ai/funds/kickstart) — Seed
- GSD Capital partners (https://capitalatlas.ai/funds/gsd-capital-partners) — Seed
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A
- Album VC (https://capitalatlas.ai/funds/album-vc) — Series A