# Ned

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

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.nedhelps.com
- Total disclosed funding: $4.3M
- Latest round: Seed (Oct 3, 2024)
- Investors on record: 2

## About

Based in New York, US, and founded in 2021 by its CEO, David Silverstein, and CPO, Mayur Motgi, Round Hill Technologies Inc., trading as NED, operates as a financial service company that empowers lenders to deploy capital by offering a comprehensive white label lending platform. In March 2023, Ned raised USD 1.6 million in pre-seed funding from Brooklyn Bridge Ventures, Everywhere Ventures, Forum Ventures, and Hustle Fund.

Round Hill Technologies, Inc. develops a white-label lending platform that streamlines underwriting and automates repayments, calculates revenues, and automates repayments. It also streamlines disbursement and collection with built-in ACH rails. In addition, the platform also provides lenders with insights into borrowers' business performance, reduces defaults, and enhances transparency throughout the lending process.

The company plans to use the pre-seed funding to strengthen its category-defining and end-to-end solution.

## Funding rounds

- Seed, Oct 3, 2024, $4.3M — Impression Ventures, Capital Eleven

## Investors

- Impression Ventures (https://capitalatlas.ai/funds/impression-ventures) — Seed
- Capital Eleven (https://capitalatlas.ai/funds/capital-eleven) — Seed