# Walnut Financial

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

- Industry: Financial Services
- Headquarters: US
- Website: www.hellowalnut.com
- Total disclosed funding: $15M
- Latest round: Series A (Mar 16, 2022)
- Investors on record: 17

## About

Walnut Financial, Inc. provides innovative digital solutions to enhance operational efficiency across diverse industries, focusing on data analytics and project management tools to streamline business workflows.Founded in 2020 in the US, Walnut Financial, Inc. specializes in software solutions that enhance efficiency for various sectors including logistics and healthcare. The company has raised a total of USD 11.75 mn across multiple funding rounds, with the most recent being a VENTURE DEBT round of USD 100.00 mn led by Clear Haven Capital Management on November 16, 2022. Founders Roshan Patel, Yash Joshi, and Yoav Vilner have backgrounds in technology innovations, and CEO Konstantin Petrov oversees operations, ensuring continued development in the digital solutions space.Walnut Financial, Inc. specializes in innovative digital solutions designed to enhance operational efficiency across various industries. Its core offerings include a comprehensive software platform that integrates data analytics, project management, and customer relationship management tools, aimed at streamlining workflows for businesses. The company targets sectors such as logistics, healthcare, and financial services, providing bespoke solutions that address specific pain points such as inventory management, patient tracking, and customer engagement. The flagship product, released in 2021, has garnered a diverse client base, including mid-sized enterprises and large corporations across North America and Europe. With a focus on user-friendly interfaces and robust support services, the company facilitates end users in optimizing their operations, ultimately driving productivity and improving service delivery.Walnut Financial, Inc. generates revenue through a subscription-based model, where clients pay annual fees to access its software platform and associated services. Transactions occur predominantly in a B2B context, with businesses subscribing to tiered service plans that offer varying levels of functionality and support. The pricing structure is designed to cater to different organizational needs, allowing for scalability as clients grow. For instance, the standard plan includes essential features at a competitive rate, while premium plans encompass advanced analytics and personalized support options. This structured approach enables the company to maintain a steady revenue stream while fostering long-term partnerships with its clients.Walnut Financial, Inc. plans to leverage its most recent VENTURE DEBT funding of USD 100.00 mn to support product innovation and streamline financing and billing processes specifically within the dental industry. The company is focused on launching new products designed to enhance user experience and operational efficiency, with targeted releases anticipated in the upcoming year. Additionally, Walnut Financial aims to expand its market presence beyond North America into Europe and Asia by mid-2024, further establishing its footprint in these regions.

## Funding rounds

- Series A, Mar 16, 2022, $12M — AngelList, Goodwater Capital, NVP Capital, Afore Capital, Muse Capital, Gradient Ventures, Weekend Fund, H/L Ventures, 2048 Ventures, Company Ventures, Banana Capital
- Seed, Apr 7, 2021, $3.6M — TA Ventures, NVP Capital, Polymath Ventures, Afore Capital, TACK Ventures, Supernode Ventures, NKM Capital, Gradient Ventures, 2048 Ventures, Awesome People Ventures

## Investors

- TA Ventures (https://capitalatlas.ai/funds/ta-ventures) — Seed
- NVP Capital — Seed, Series A
- Polymath Ventures (https://capitalatlas.ai/funds/polymath-ventures) — Seed
- Afore Capital (https://capitalatlas.ai/funds/afore-capital) — Seed, Series A
- TACK Ventures — Seed
- Supernode Ventures (https://capitalatlas.ai/funds/supernode-ventures) — Seed
- NKM Capital (https://capitalatlas.ai/funds/nkm-capital) — Seed
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Seed, Series A
- 2048 Ventures (https://capitalatlas.ai/funds/2048-ventures) — Seed, Series A
- Awesome People Ventures (https://capitalatlas.ai/funds/awesome-people-ventures) — Seed
- AngelList — Series A
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series A
- Muse Capital (https://capitalatlas.ai/funds/muse-capital) — Series A
- Weekend Fund (https://capitalatlas.ai/funds/weekend-fund) — Series A
- H/L Ventures (https://capitalatlas.ai/funds/h-l-ventures) — Series A
- Company Ventures (https://capitalatlas.ai/funds/company-ventures) — Series A
- Banana Capital (https://capitalatlas.ai/funds/banana-capital) — Series A