Fundz

FlexPoint raised $35 million in a funding round led by Haymaker Ventures to grow its payments automation business for managed service providers.

PRIVATEMar 18, 2024

Amount Raised

$35 Million

Round Type

Seed

New YorkFinanceFintech

Investors

Tacora CapitalCascade Seed FundFar Out VenturesGaruda VenturesHaymaker Ventures

Description

FlexPoint, a payments automation platform for managed service providers (MSPs), raised $35 million of capital through a combination of debt and equity to fund the growth of the company. The round was highlighted by a $5 million equity investment led by Haymaker Ventures, with participation from existing investors Garuda Ventures, Far Out Ventures, and Cascade Seed Fund. In addition, FlexPoint closed a $30 million credit facility provided by Tacora Capital to further expand its working capital solutions for MSPs and their business clients.

Who else raised in Finance and Fintech around the same time

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

  • Firenze raised $979K (Pre-Seed) on May 2, 2024.
  • Streamex Corp. raised $1.1M (Seed) on May 1, 2024.
  • Battle Financial raised $37M (Seed) on May 1, 2024.
  • Higala raised an undisclosed amount (Seed) on April 29, 2024.
  • Canza Finance raised $2.3M (Seed) on April 29, 2024.
  • Blend Labs raised $150M (Series A) on April 29, 2024.

Who to call at FlexPoint, and when

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Company Information

Company

FlexPoint

Location

New York, New York, United States

About

FlexPoint is a payments platform founded in 2022, purpose-built for managed service providers (MSPs). It provides robust automations and deep integrations to make payments simple and cash flow perfect for MSPs and their business clients.

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FlexPoint 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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