B2B Fintech Platform Apruve Raises $2.25M in Series A VC Funding

apruveApruve, Inc., a Minneapolis-based B2B financial technology platform, raised $2.25m in Series A funding.

The round was led by TTV Capital, with participation from Allegis Capital.

The company intends to use the funds to expand the development, sales, and marketing teams in Minneapolis (read here), as well as build integrations with additional ecommerce platforms.

Led by Michael Noble, CEO, Apruve provides a corporate account management and financing solution which allows online B2B sellers to give their business customers a revolving line of credit without any accounts receivable or cash flow risk.

FinSMEs

23/06/2016

Join the discussion