# Gynger

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

- Industry: Software
- Headquarters: New York, US
- Website: www.gynger.io
- Total disclosed funding: $26M
- Latest round: Series A (Jun 20, 2024)
- Investors on record: 9

## About

Based in New York, US, and founded in 2021 Gynger, Inc. provides software and financing platforms to the firms. It enables them to buy the required tools to grow their business. In December 2022, new investor Upper90 led USD 10 million in venture debt funding for Gynger, Inc. The round was part of a larger USD 21.7 million seed and debt funding.

The company offers buyers instant access to non-dilutive capital which allows them to purchase tools and do the payment pay for its SaaS on their terms and allows them to use cash for growth purposes. Additionally, the vendors are paid upfront on flexible payment terms and even they are able to generate qualified leads which accelerates their sales cycle as well as retains the customers. 

The company plans to use the December 2022 funding to expand its operations and expand its business reach.

## Funding rounds

- Series A, Jun 20, 2024, $20M — Deciens, Gradient Ventures, PayPal Ventures, Velvet Sea Ventures, Bag Ventures
- Seed, Dec 16, 2021, $5.9M — Deciens, Gradient Ventures, Quiet Capital, Upper90, Vine Ventures, MXV Capital

## Investors

- Deciens (https://capitalatlas.ai/funds/deciens) — Seed, Series A
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Seed, Series A
- Quiet Capital (https://capitalatlas.ai/funds/quiet-capital) — Seed
- Upper90 (https://capitalatlas.ai/funds/upper90) — Seed
- Vine Ventures — Seed
- MXV Capital (https://capitalatlas.ai/funds/mxv-capital) — Seed
- PayPal Ventures (https://capitalatlas.ai/funds/paypal-ventures) — Series A
- Velvet Sea Ventures (https://capitalatlas.ai/funds/velvet-sea-ventures) — Series A
- Bag Ventures (https://capitalatlas.ai/funds/bag-ventures) — Series A