Slope Tech

Financial ServicesSeries ASan Francisco, USslopepay.com

Latest round

Series A

Last raised

Sep 2023

Total raised

$62M

Investors

7

About Slope Tech

Based in the US, Slope Tech, Inc., founded in 2021 and headquartered in San Francisco, US, offers a specialized platform for B2B financial automation.Slope offers a comprehensive B2B workflow automation platform designed to streamline manual onboarding and credit processes for businesses. The platform incorporates AI-powered credit management software that automates onboarding, credit reviews, collections, and monitoring, enabling clients to onboard customers and approve credit at scale efficiently.Slope generates revenue through transaction fees associated with the lines of credit provided to businesses. The structure typically involves B2B transactions where clients apply for credit, which is then approved based on automated assessments. Businesses using Slope’s services can leverage the line of credit to make purchases, which enhances their cash flow and operational capacity. The revenue model includes potential fees associated with risk assessment and the terms under which credit is extended.In July 2024, Slope Tech, Inc.P. Future initiatives include the design and launch of new products aimed at enhancing their service offerings, along with plans to expand into additional markets beyond North America and Europe by the end of 2025.

Who invested in Slope Tech

7 investors across 3 rounds

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Funding rounds

  1. Series A

    Sep 27, 2023

    Amount

    $30M

    Investors

    Locked

  2. Series A

    Apr 15, 2022

    Amount

    $24M

    Investors

    Locked

  3. Seed

    Jul 9, 2021

    Amount

    $7.9M

    Investors

    Locked

Questions about Slope Tech

Who invested in Slope Tech?

Slope Tech has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Slope Tech raised?

Slope Tech has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Slope Tech last raise money?

Slope Tech's most recent round on record is a Series A, in Sep 2023.

What does Slope Tech do?

Based in the US, Slope Tech, Inc.

Where is Slope Tech headquartered?

Slope Tech is headquartered in San Francisco, US.

Which VCs invest in companies like Slope Tech?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Slope Tech's stage. Their profiles are linked below.

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