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Current secures $80 million Series E funding led by Springcoast Partners, achieving a $1.5 billion valuation after three years of over 70% growth.
PRIVATEJun 11, 2026•4 days ago
Amount Raised
$80 Million
Round Type
series e
GreenvilleManufacturing
Investors
Qed InvestorsSapphire VenturesWellington ManagementFoundation CapitalAvenirTiger Global ManagementAndreessen HorowitzSpringcoast Partners
Description
Current, the consumer fintech platform, announced an $80 million Series E financing led by Springcoast Partners at a $1.5 billion valuation. This funding will enhance Current's capacity to scale its liquidity and credit products as demand rises. The company is on track for profitability in 2026, marking its third consecutive year of more than 70% growth. This reflects Current's position as a leading consumer fintech platform in the U.S.
Company Information
Company
Current
Location
Greenville, South Carolina, United States
About
At Current, we are Always On and working to improve lives with the industry's most expansive portfolio of sustainable advanced lighting and intelligent controls that reliably meet our customers' needs. Learn more at CurrentLighting.com.
GreenvilleManufacturing