Become (formerly known as Lending Express), a Tel Aviv, Israel online platform for SMBs to find and optimize their funding solutions, closed a $10m Series A funding.
The round was led by Benson Oak Ventures and Magenta Venture, supported by RIO Ventures Holdings, iAngels, and Entrée Capital.
The company has also secured an additional $2.5m in venture debt from Viola Credit.
The funds will be used to scale up operations in the United States and Australia.
Led by Eden Amirav, CEO and co-founder, Become provides an online platform for SMBs to find and optimize their funding solutions. The company uses its proprietary technology to nurture each business throughout the funding cycle. It has built an ecosystem of more than 50 leading lenders and partners including Paypal, OnDeck and Kabbage and has facilitated over $165 million in tailored business loans to date.
Become is growing with near 200,000 business owners registered through its platform.
The company has offices in San Francisco and Tel Aviv.