# Slash Financial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/slash-financial

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.slash.com
- Total disclosed funding: $141M
- Latest round: Series C (Apr 16, 2026)
- Investors on record: 10

## About

Based in California, US, and founded in 2020, Slash Financial, Inc operates as a technology-based finance company that offers virtual cards for online businesses. The company was Co-founded by Victor Cardenas (CEO) and Kevin Bai (CTO). In April 2026, Slash Financial, Inc. raised USD 100 million in series C funding co-led by Ribbit Capital, Khosla Ventures, and Goodwater Capital, with participation from New Enterprise Associates and Y Combinator. The firm offers Checking, invoicing, profit tracking, and virtual cards built for online businesses and offers two bank accounts along with two bank debit cards, and two transaction feeds and helps users to keep their personal and business expenses separate. The business saving account offered by the firm offers 2 percent interest on the balance and offers cashback between 1 percent to 1.75 percent on the debit spending. The cards allow users to withdraw using ATM and provide monthly statements and it is compatible with apple pay and google pay. The company plans to use the April 2026 funding to expand into more industries and markets and to build additional financial tools on its business banking platform.

## Funding rounds

- Series C, Apr 16, 2026, $100M — New Enterprise Associates, Khosla Ventures, Y Combinator, Ribbit Capital, Goodwater Capital
- Series B, May 20, 2025, $41M — Menlo Ventures, New Enterprise Associates, Stanford University, Y Combinator, Goodwater Capital
- Series A, May 4, 2023 — Menlo Ventures, New Enterprise Associates, Y Combinator, Connect Ventures, Global Founders Capital, Soma Capital Management

## Investors

- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series A, Series B
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A, Series B, Series C
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A, Series B, Series C
- Connect Ventures — Series A
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Series A
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Series A
- Stanford University — Series B
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series B, Series C
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series C
- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series C