# Resolve

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

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.resolvepay.com
- Total disclosed funding: $25M
- Latest round: Series A (Dec 9, 2021)
- Investors on record: 9

## About

Based in California, US, and founded in 2019, Resolve Corp. provides B2B payment solutions that help manufacturers and distributors to extend risk-free payment terms for their customers. Resolve Corp. is backed by top investors, including PayPal and Affirm co-founder Max Levchin. The company was founded by Chris Tsai and Brian Nguyen. In November 2019, Resolve Corp. raised seed funding from SV Angel, Paypal, Initialized Capital, and Eudemian Ventures, and in May 2021, the firm raised USD 60 million in venture funding led by Initialized Capital and Haystack Fund.

The company's line of products includes net terms, account receivables, and integrations which help B2B business to improve their cash flow and manage accounts receivables processes. Resolve takes care of every aspect of a business being able to offer net terms as a payment option. The firm solves the credit checking process, provides invoice financing, automates accounts receivable processes, and speeds up payments processing, and also enables simpler b2b deferred payments through their end-to-end and embedded credit billing solution. The organization partners with Quickbook and Magento 2.

The firm generates revenue through its monthly subscription plans that include the starter plan at USD 99, the growth plan at USD 249, and the enterprise plan at USD 499. 

Resolve plans to use the May 2021 funding to accelerate operations and its business reach.

## Funding rounds

- Series A, Dec 9, 2021, $25M — Insight Partners, Initialized Capital, Commerce Ventures, Haystack, Clocktower Technology Ventures, KSD Capital, LLC
- Seed, Nov 20, 2019 — SV Angel, PayPal, Inc., Initialized Capital, Haystack, Eudemian Ventures

## Investors

- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- PayPal, Inc. — Seed
- Initialized Capital (https://capitalatlas.ai/funds/initialized-capital) — Seed, Series A
- Haystack (https://capitalatlas.ai/funds/haystack) — Seed, Series A
- Eudemian Ventures (https://capitalatlas.ai/funds/eudemian-ventures) — Seed
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A
- Commerce Ventures (https://capitalatlas.ai/funds/commerce-ventures) — Series A
- Clocktower Technology Ventures (https://capitalatlas.ai/funds/clocktower-technology-ventures) — Series A
- KSD Capital, LLC — Series A
