FlexPoint raises $12M in Series A funding led by Foundry Group to expand its B2B payments network.
May 13, 2025•3 months ago
Amount Raised
$12 Million
Round Type
series a
New YorkFinanceFintechInvestors
Cascade Seed FundFar Out VenturesTechstarsGaruda VenturesHaymaker VenturesFoundry Group
Description
FlexPoint, the payments platform for managed service providers, has raised $12 million in Series A funding. The round was led by Foundry Group with participation from several existing investors. This funding will support product development and expansion of their MSP partner program. With significant revenue growth, FlexPoint continues to enhance its position in the market.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech