settle.comFinTech / PaymentsFounded: 2019Funding to Date: $171.12MM
Settle, founded in 2019, is the developer of a cashflow management platform designed to be an all-in-one payments solution for ecommerce brands. The Settle platform aims to create a streamlined AP workflow inclusive of, automated approval flows, being able to control user roles and permissions, and payment status tracking, enabling brands to scale more efficiently.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/07/2024 | Series C-2 | $12.6MM | $xx.xx | $303.44MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
1,933,444
Liquidation Pref Order
1
Liquidation Pref As Multiplier
2.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
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06/07/2024 | Series C-1 | $58.3MM | $xx.xx | $303.44MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
8,946,019
Liquidation Pref Order
1
Liquidation Pref As Multiplier
2.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
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11/17/2021 | Series B-3 | $15MM | $xx.xx | $609.92MM | Ribbit Capital, Kleiner Perkins, Caffeinated Capital, Activant Capital, Stripes | |
Price per Share
$xx.xx
Shares Outstanding
1,124,991
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Ribbit Capital, Kleiner Perkins, Caffeinated Capital, Activant Capital, Stripes
|
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11/17/2021 | Series B-2 | $10MM | $xx.xx | $609.92MM | Ribbit Capital, Kleiner Perkins, Caffeinated Capital, Activant Capital, Stripes | |
Price per Share
$xx.xx
Shares Outstanding
576,783
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Ribbit Capital, Kleiner Perkins, Caffeinated Capital, Activant Capital, Stripes
|
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11/17/2021 | Series B-1 | $51MM | $xx.xx | $609.92MM | Ribbit Capital, Kleiner Perkins, Caffeinated Capital, Activant Capital, Stripes | |
Price per Share
$xx.xx
Shares Outstanding
2,853,337
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Ribbit Capital, Kleiner Perkins, Caffeinated Capital, Activant Capital, Stripes
|
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05/18/2021 | Series A-2 | $19,998 | $xx.xx | $93.21MM | Kleiner Perkins, SciFi, Caffeinated Capital, WorkLife Ventures, Background Capital | |
Price per Share
$xx.xx
Shares Outstanding
15,129
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Kleiner Perkins, SciFi, Caffeinated Capital, WorkLife Ventures, Background Capital
|
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05/18/2021 | Series A-1 | $16.2MM | $xx.xx | $93.21MM | Kleiner Perkins, SciFi, Caffeinated Capital, WorkLife Ventures, Background Capital | |
Price per Share
$xx.xx
Shares Outstanding
5,081,638
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Kleiner Perkins, SciFi, Caffeinated Capital, WorkLife Ventures, Background Capital
|
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11/04/2020 | Series Seed-6 | $24,999 | $xx.xx | $35.98MM | Founders Fund | |
Price per Share
$xx.xx
Shares Outstanding
740,740
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund
|
||||||
11/04/2020 | Series Seed-5 | $19,999 | $xx.xx | $35.98MM | Founders Fund | |
Price per Share
$xx.xx
Shares Outstanding
148,147
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund
|
||||||
11/04/2020 | Series Seed-4 | $129,999 | $xx.xx | $35.98MM | Founders Fund | |
Price per Share
$xx.xx
Shares Outstanding
888,883
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund
|
||||||
11/04/2020 | Series Seed-3 | $889,999 | $xx.xx | $35.98MM | Founders Fund | |
Price per Share
$xx.xx
Shares Outstanding
2,028,488
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund
|
||||||
11/04/2020 | Series Seed-2 | $699,999 | $xx.xx | $35.98MM | Founders Fund | |
Price per Share
$xx.xx
Shares Outstanding
1,001,960
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund
|
||||||
11/04/2020 | Series Seed-1 | $6.24MM | $xx.xx | $35.98MM | Founders Fund | |
Price per Share
$xx.xx
Shares Outstanding
4,718,265
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund
|