# Harbr

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

- Industry: Software
- Headquarters: Halifax, Canada
- Website: www.harbr.com
- Total disclosed funding: $1.8M
- Latest round: Seed (Mar 14, 2018)
- Investors on record: 1

## About

Harbr Inc is a provider of innovative trade credit solutions designed to streamline credit management processes for businesses of all sizes, enhancing operational efficiency and financial decision-making.Founded in 2009 in Halifax, Canada, Harbr Inc focuses on developing advanced credit management solutions for enterprises and mid-market companies. The company was established by Ashley Kielbratowski, Dave Kim, and Jeff Kielbratowski. CEO Dave Kim leads the firm, which has successfully raised USD 1.75 mn in its SEED funding round from Invest Nova Scotia, marking the total amount raised to USD 1.75 mn.Harbr specializes in providing comprehensive trade credit solutions tailored to meet the needs of both large enterprises and growing businesses. Their core product offerings include Enterprise Credit Management, designed for large organizations with complex global operations, and Mid-Market Solutions, catering to expanding businesses seeking scalable credit management tools. Harbr's platform facilitates multi-entity credit management, automated credit workflows, and a branded customer portal, allowing for streamlined operations across various business sizes. Additionally, the Credit API Platform offers powerful APIs enabling developers to integrate credit decisioning capabilities seamlessly into existing systems. The company serves clients across diverse geographical markets, including North America, Europe, and Asia, empowering organizations to enhance their credit operations and improve financial decision-making.Harbr generates revenue through a transactional model that leverages its subscription-based services and partnerships with a diverse client base ranging from large enterprises to mid-market businesses. Clients engage with Harbr for its innovative credit solutions, which include flexible credit application processes and real-time financial data integration. Such transactions involve utilizing the company’s APIs for instant credit decisions and automated workflows, facilitating efficient onboarding and enhanced credit operations. The platform's user-friendly interface and customizable options enable clients to tailor their credit management processes according to specific business requirements. Harbr’s flagship offerings are designed to maximize efficiency and drive revenue growth for businesses while ensuring a secure and transparent credit evaluation process.As Harbr Inc moves forward, it plans to launch new products aimed at enhancing its trade credit solutions, although specific release dates are not disclosed. The company intends to expand its presence in additional markets, particularly targeting regions in Europe and Asia by the end of 2024. The recent SEED funding of USD 1.75 mn will support these initiatives, including research and development for upcoming products and enhancing its marketing efforts to penetrate these new geographic areas. Harbr was also recently acquired by Killick Capital, which may influence its strategic direction and resource allocation moving forward.

## Funding rounds

- Seed, Mar 14, 2018, $1.8M — Invest Nova Scotia

## Investors

- Invest Nova Scotia — Seed