About
Fundbox is building the first B2B payments and credit network for SMBs. $410M+ equity raised at $1.1B valuation (2021) from HOOPP, Allianz X, Khosla. 150,000+ SMBs have accessed $6B+ in capital. Uses AI to underwrite against the $21T B2B commerce market, unlocking the $1T+ tied up in SMB accounts receivable. Founded 2012 by Eyal Shinar.
Key Facts
- [1]Founded: Founded in 2012 in San Francisco, United States.
- [2]Funding: Total funding: $410M. Last round: Sep 2024. Stage: Late Stage.
- [3]Employees: Employee count: 201-500.
- [4]Website: Official website: fundbox.com.
- [5]AI Technology: Core AI/ML technologies: Predictive ML.
- [6]Region: Region: Americas (United States).
Founders
Eyal Shinar
Founder & CEO
Tomer Michaeli
Co-founder & CTO
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Fundbox?
Fundbox is building the first B2B payments and credit network for SMBs. $410M+ equity raised at $1.1B valuation (2021) from HOOPP, Allianz X, Khosla. 150,000+ SMBs have accessed $6B+ in capital. Uses AI to underwrite against the $21T B2B commerce market, unlocking the $1T+ tied up in SMB accounts receivable. Founded 2012 by Eyal Shinar. Fundbox is classified in the Lending & Credit segment at the Applications layer of the financial AI stack.
Who founded Fundbox?
Fundbox was founded by Eyal Shinar (Founder & CEO) and Tomer Michaeli (Co-founder & CTO) in 2012 in San Francisco, United States. The company has been operating for 14 years.
How much funding has Fundbox raised?
Fundbox has raised $410M in total funding, placing the company at the Late Stage stage. The most recent round closed in Sep 2024. Among 81 funded Lending & Credit companies, Fundbox ranks #22 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Fundbox use?
Fundbox primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Lending & Credit segment, 58 companies use this technology.
What market segment does Fundbox operate in?
Fundbox operates in the Lending & Credit market segment. AI lending and credit companies are reimagining how creditworthiness is assessed, loans are originated, and debt is managed across consumer, small business, and commercial markets.
Where is Fundbox headquartered?
Fundbox is headquartered in San Francisco, United States. The company operates in the Americas region. The team consists of 201-500 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Fundbox's competitors?
Companies similar to Fundbox in the Lending & Credit space include Unit21 ($92M raised), Upstart ($160M raised), Zest AI ($357M raised), Pagaya ($75M raised), Scienaptic AI ($17M raised). These companies operate in related areas of financial AI: Unit21 focuses on ai-powered fraud and aml platform. Upstart focuses on ai lending platform using alternative data for credit decisions. Zest AI focuses on ai-automated underwriting for credit unions and banks. (Based on AIFI Map classification data.)
What products does Fundbox offer?
Fundbox builds applications-layer solutions for the financial services industry. The company's core offering: AI-powered B2B payments and credit. The platform is powered by Predictive ML technology.