Crowdz Background
Crowdz provides invoice-financing opportunities to companies in global supply chains—a $9 trillion market that SMEs traditionally have been excluded from. The need for such financing is greater than ever before. Some 93% of all supply-chain participants are SMEs, and half of these suffer cashflow shortages as they wait for 90 to 120 days or more to
be paid.Crowdz’s global invoice auction solves this problem by directing competitive, low-cost financing to SMEs while offering high returns to funders seeking better investments.
has raised a total of Crowdz $15.8M in funding over6 rounds. Their latest funding was raised onNov 1, 2021 from aConvertible Note round.
Details of the startup:
Industry:
FinTech, Blockchain, Analytics, Payments
Business model:
Software as a Service (SaaS)
Year:
2020
Amount raised:
$3M
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