# Fundbox

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

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.fundbox.com
- Total disclosed funding: $354M
- Latest round: Series D (Nov 10, 2021)
- Investors on record: 22

## About

Fundbox, Inc. is a U.S.-based financial technology company that provides automated business loans and lines of credit, aimed at helping small businesses manage cash flow and promote growth efficiently.Founded in 2013, Fundbox, Inc. specializes in providing financial solutions for small businesses, enhancing their access to immediate funding. The company is headquartered in San Francisco, California, and has undergone strategic pivots to enhance its service offerings. The co-founders of Fundbox are Jacki Ng and Yuval Ariav. In November 2021, Fundbox raised USD 100 mn in Series D funding led by Healthcare of Ontario Pension Plan, bringing the total amount raised to USD 100 mn and the current company valuation to USD 1,100 mn.Fundbox's primary offerings include business loans and lines of credit designed to support small businesses in managing cash flow and facilitating growth. The company provides a fully automated, user-friendly platform that allows business owners to apply for funding quickly, usually within minutes. Fundbox's solutions address various use cases such as covering unexpected expenses, managing payroll gaps, purchasing equipment, and investing in business development, targeting small business owners across diverse industries, with a particular focus on U.S. markets and compliance with local regulations.Fundbox generates revenue primarily through interest and fees associated with its business loans and lines of credit. Clients can access up to USD 250,000 in funding, with repayment terms tailored to their financial situations. The company focuses on maintaining competitive fee structures that align with industry standards, ensuring seamless financial transactions to support small businesses efficiently.In November 2021, Fundbox raised USD 100 mn in its Series D funding round, which will be utilized to expand its platform offerings and market reach. The company plans to enhance its product suite and explore new market opportunities, although specific new products and geographic regions targeted for expansion have not been disclosed.

## Funding rounds

- Series D, Nov 10, 2021, $100M — Healthcare of Ontario Pension Plan, Khosla Ventures, Newton Investment Management, Arbor Ventures, Gaingels, Allianz X, The Private Shares Fund
- Series C, May 26, 2020, $20M — MUFG Innovation Partners
- Series C, Sep 24, 2019, $176M — Hamilton Lane, HarbourVest Partners, General Catalyst Partners, Healthcare of Ontario Pension Plan, Spark Capital, Khosla Ventures, Cathay Capital, Recruit Strategic Partners, SEB Asset Management, Arbor Ventures, Synchrony Financial, LLC, GMO Internet Group, Allianz X, 9Yards Capital, MUFG Innovation Partners
- Series B, Mar 1, 2016 — FJ Labs
- Series B, Mar 19, 2015, $40M — General Catalyst Partners, Blumberg Capital, Khosla Ventures, SV Angel, Nyca
- Series A, Apr 10, 2014, $18M — Khosla Ventures, SV Angel

## Investors

- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A, Series B, Series C, Series D
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A, Series B
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series B, Series C
- Blumberg Capital (https://capitalatlas.ai/funds/blumberg-capital) — Series B
- Nyca (https://capitalatlas.ai/funds/nyca) — Series B
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series B
- Hamilton Lane (https://capitalatlas.ai/funds/hamilton-lane) — Series C
- HarbourVest Partners (https://capitalatlas.ai/funds/harbourvest-partners) — Series C
- Healthcare of Ontario Pension Plan — Series C, Series D
- Spark Capital — Series C
- Cathay Capital — Series C
- Recruit Strategic Partners (https://capitalatlas.ai/funds/recruit-strategic-partners) — Series C
- SEB Asset Management (https://capitalatlas.ai/funds/seb-asset-management) — Series C
- Arbor Ventures (https://capitalatlas.ai/funds/arbor-ventures) — Series C, Series D
- Synchrony Financial, LLC — Series C
- GMO Internet Group — Series C
- Allianz X (https://capitalatlas.ai/funds/allianz-x) — Series C, Series D
- 9Yards Capital (https://capitalatlas.ai/funds/9yards-capital) — Series C
- MUFG Innovation Partners (https://capitalatlas.ai/funds/mufg-innovation-partners) — Series C
- Newton Investment Management — Series D
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series D
- The Private Shares Fund (https://capitalatlas.ai/funds/the-private-shares-fund) — Series D