Fundz

Bfree secured $2.95 million in fresh funding led by Capria Ventures to enhance its risk management solutions tailored to banks and lenders.

PRIVATEFeb 29, 2024

Amount Raised

$2.95 Million

Round Type

Seed

LewesFinancial ServicesSoftware

Investors

Axian CVCModus AfricaLaunch AfricaGreen House CapitalAngaza CapitalCapria Ventures

Description

Bfree, a Nigerian debt recovery startup, announced the completion of a $2.95 million funding round led by Capria Ventures, with participation from Angaza Capital, GreenHouse Capital, Launch Africa, Modus Africa, Axian CVC, and angel investors. The funding will be used to enhance Bfree’s risk management solutions tailored to banks and lenders.

Quick answer

BFREE raised $2.95 Million in a Seed round, dated February 29, 2024. Investors: Axian CVC, Modus Africa, Launch Africa, Green House Capital, Angaza Capital and Capria Ventures. BFREE is based in Lewes, Delaware, United States.

How much did BFREE raise?
BFREE raised $2.95 Million in a Seed round on February 29, 2024.
Who invested in BFREE?
Axian CVC, Modus Africa, Launch Africa, Green House Capital, Angaza Capital and Capria Ventures are named as investors in this round.
What does BFREE do?
BFREE is focusing on providing support for financial services by offering relevant tech solutions and risk management tools that will aid their customers to achieve full financial health.
Where is BFREE based and how big is it?
BFREE is based in Lewes, Delaware, United States. Fundz records about 160 employees.
Who are the decision-makers at BFREE?
Fundz holds 2 contacts at BFREE, including the Head of People & Culture. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Software around the same time

Companies in the same sectors as BFREE that raised within 45 days of this round, from Fundz verified event records.

  • Stride Funding raised $10M on April 12, 2024.
  • Funding Xchange raised an undisclosed amount (Series B) on April 11, 2024.
  • Mayan raised $3M (Seed) on April 11, 2024.
  • Stream Trading raised $1.5M (Seed) on April 10, 2024.
  • FloQast raised $100M (Series E) on April 10, 2024.
  • Parafin raised $125M (Funding Round) on April 9, 2024.

Who to call at BFREE, and when

A new round usually means BFREE is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

BFREE

Location

16192 COASTAL HIGHWAY

Lewes, Delaware, United States

About

BFREE is focusing on providing support for financial services by offering relevant tech solutions and risk management tools that will aid their customers to achieve full financial health.

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Related People

2 contacts
Verified contactsAdenrele A., Head of People & Culture hidden hidden hiddenSee plans and pricing
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BFREE raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.