FundBox was founded in 2013 by Eyal Shinar, Yuval Ariav, and Tomer Michaeli. In a January 2020 interview with the Wall Street Journal, newly appointed CFO Marten Abrahamsen acknowledged that the company is in a healthy financial position and in no rush to go public, though management has started thinking about an IPO as one of the next steps for the company. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
FundBox is an enterprise fintech company specializing in payments and credit. The company has raised approximately $400 million in Venture Capital funding from investors including Allianz X, SharesPost, Bezos Expeditions, Sound Ventures, Spark Capital, General Catalyst, Khosla Ventures, SV Angel, and Blumberg Capital. Per company press releases, FundBox last raised a Series C expansion in May 2020, bringing the round total to $200 at an undisclosed post-money valuation.