Approve.com Announces $5 Million in Seed Funding
08/06/20, 1:05 PM
Money raised
$5 million
Round Type
seed
Approve.com, the modern procurement platform, today announced that it has completed a $5 million seed round led by Aleph, an early venture capital investor, whose founding partners previously led investments in Wix, Lemonade, Monday.com, Houseparty and more. The funding will be used for innovation and global expansion. Approve will establish US operations, invest in growth for its R&D team, and support new and existing accounts.
Company Info
Additional Info
AccelFoods is an early-stage venture fund investing in consumer products.
We partner with entrepreneurs to bring innovative, high-quality food and
beverage products to the forefront of the industry and create the next
generation of enduring brands. With nearly $40m under management, we are
hands-on partners that work tactically with our founders to scale their
businesses quickly and smartly. We connect the dots within the broader food
& beverage ecosystem to provide unique access, share distinct expertise,
and build solid infrastructure.