Fundz

Parafin raised $100M in a Series C round led by Notable Capital to redefine financial services for small businesses.

RECENTLY ACQUIREDDec 17, 2024

Amount Raised

$100 Million

Round Type

Series C

San FranciscoFinancial ServicesSoftwareFintech

Investors

GICThrive CapitalRedpoint VenturesRibbit CapitalNotable Capital

Description

Parafin has closed its $100 million Series C financing at a $750 million valuation, led by Notable Capital with participation from Redpoint Ventures, Ribbit Capital, Thrive Capital, and GIC. This funding will help Parafin expand its embedded finance infrastructure to support small businesses.

Quick answer

Parafin raised $100 Million in a Series C round, dated December 17, 2024. Investors: GIC, Thrive Capital, Redpoint Ventures, Ribbit Capital and Notable Capital. Parafin is based in San Francisco, California, United States.

How much did Parafin raise?
Parafin raised $100 Million in a Series C round on December 17, 2024.
Who invested in Parafin?
GIC, Thrive Capital, Redpoint Ventures, Ribbit Capital and Notable Capital are named as investors in this round.
What does Parafin do?
Parafin is a financial infrastructure company that provides platforms with embedded financial products for their small businesses by abstracting the complexity of capital markets, underwriting, servicing, compliance,..
Where is Parafin based and how big is it?
Parafin is based in San Francisco, California, United States. Fundz records about 120 employees.
Who are the decision-makers at Parafin?
Fundz holds 2 contacts at Parafin, including the Platform Partnerships, Business Development. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

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

  • WiseLayer raised $7.2M (Funding Round) on January 29, 2025.
  • Taxflow raised $750K (Pre-Seed) on January 29, 2025.
  • Vikar Technologies raised an undisclosed amount (Series A) on January 28, 2025.
  • PayMon raised $600K (Pre-Seed) on January 20, 2025.
  • Fundment raised $55M (Series C) on January 20, 2025.
  • Nilus raised $10M (Funding Round) on January 16, 2025.

Who to call at Parafin, and when

A new round usually means Parafin is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Parafin raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Parafin, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Parafin. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Parafin

Location

San Francisco, California, United States

About

Parafin is a financial infrastructure company that provides platforms with embedded financial products for their small businesses by abstracting the complexity of capital markets, underwriting, servicing, compliance, and customer support. By powering the financial services of marketplaces and payment processors, small businesses can run and grow themselves despite uncertain economic conditions. In less than three years, Parafin has launched on Amazon, Walmart, Worldpay, and more platforms to serve hundreds of thousands of businesses and extended over $8 billion in offers. Parafin was founded in 2020 by Sahill Poddar, Vineet Goel, and Ralph Furman, and is backed by GIC, Notable Capital, Redpoint Ventures, Ribbit Capital, and Thrive Capital.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Parafin raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsAlice G., Platform Partnerships, Business Develop…See plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Parafin's next move

See what Strategic adds

Parafin raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.