Fintech startup CapitalOS raises $9 million Seed round and $30 million in debt
Fintech startup CapitalOS raises $9 million Seed round and $30 million in debt
The company’s embedded spend management infrastructure for B2B platforms provides the building blocks to launch within days, including underwriting, risk, capital, embeddable UI and APIs
Fintech startup CapitalOS, which develops solutions for spend management infrastructure for B2B platforms, announced on Tuesday that it has raised $9 million in Seed funding and $30 in debt financing. The round was led by Group 11 with participation from Upper90, Vera Equity, Slow Ventures and established angel investors, which include Huey Lin (Affirm Founding-COO), Tomer London (Gusto CPO), Michael Sindicich (EVP, GM Navan Expense), Yin Wu (CEO, Pulley) and Oz Alon (HoneyBook CEO) paired with product builders and operators from Stripe, Navan, Venmo, Houzz and more.
Founded in 2022 by Nir Dremer and Matan Goldschmiedt, CapitalOS currently employs 10 people. The company’s embedded spend management infrastructure for B2B platforms provides the building blocks to launch within days, including underwriting, risk, capital, embeddable UI and APIs.
CapitalOS is currently available to thousands of businesses through platforms such as Workiz, Roll Credits and HoneyBook.
"Managing expenses is crucial for small businesses, yet many struggle to manage expenses without necessary resources, resulting in wasted time and money," said Nir Dremer, Co-Founder and CEO of CapitalOS. "We designed a solution that requires just one API call, and eliminates the burden on platforms to handle compliance, risk, underwriting, and capital."
