Bill Pay Solution Cushion Closes $12 Million Series A To Grow Talent Roster
05/12/22, 9:00 AM
Location
san franciscoMoney raised
$12 million
Industry
information technology
Round Type
series a
Cushion, a leader in bank and credit card fee negotiation, announced today that it has raised $12 million in Series A funding. The funding will enable Cushion to hire talent across product, engineering, data analytics, and marketing as it readies its bill pay solution for a general audience after months of beta testing. The already talented team includes former leaders from Twitter, Bill.com, Square and Credit Karma, as well as several PhDs working on the machine learning side of the product. The round was led by Rose Park Advisors, with participation from Flourish Ventures, Vestigo Ventures, TSEF, Green Cow Venture Capital and CMFG Ventures Discovery Fund.
Company Info
Location
san francisco, california, united states
Additional Info
Cushion is reimagining how consumers pay their bills. Founded in 2016 in San Francisco, California, Cushion is a leader in automated bank and credit card fee negotiation, having secured customers more than $13 million in refunds. By expanding into bill pay, Cushion will offer consumers a single place to track, pay, and finance their bills so they can avoid overdraft and late fees altogether. Visit cushion.ai for more information.