Fintech Startup Setscale Launches To Help Small Businesses Fund Purchase Orders With A $9.5M Seed Round, Secures Up To $70M In Debt Financing
Amount Raised
$70 Million
Round Type
Seed
New YorkFinancial ServicesFinanceFintechLendingDescription
Setscale, a fintech startup revolutionizing purchase order financing for SMBs, today announced it has raised a $9.5M seed funding round, as well as secured up to $70M in debt.
Quick answer
Setscale raised $70 Million in a Seed round, dated May 4, 2023. Setscale is based in New York, United States.
- How much did Setscale raise?
- Setscale raised $70 Million in a Seed round on May 4, 2023.
- What does Setscale do?
- Setscale is a fintech startup solving the trade financing dilemma for small businesses.
- Where is Setscale based and how big is it?
- Setscale is based in New York, United States.
- Who are the decision-makers at Setscale?
- Fundz holds 1 contact at Setscale. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Setscale that raised within 45 days of this round, from Fundz verified event records.
- Pagaya Technologies raised $75M on May 24, 2023.
- Jia raised $4.3M (Seed) on May 17, 2023.
- Hello Alice raised $3.6M (Seed) on May 8, 2023.
- Kapital raised $19M on May 3, 2023.
- Factris raised $55M (Funding Round) on April 17, 2023.
- Finverity raised $5.2M (Funding Round) on March 30, 2023.
Who to call at Setscale, and when
A new round usually means Setscale is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Setscale raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Setscale, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Setscale. With Fundz connected, it knows.
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Fundz sees it the moment Setscale raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Setscale 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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