Tilled, a Boulder, CO-based payment facilitation startup, raised $11M in Series A funding.
The round was led by Rebecca Lynn of Canvas Ventures and Abhinav Tiwari, former head of investments and M&A at Stripe, Henry Ward, founder and CEO at Carta, and existing investors Abstract Ventures, Peterson Ventures, Clocktower Technology Group, and others. In conjunction with the funding, Rebecca Lynn of Canvas Ventures and fintech leader Abhinav Tiwari joined Tilled’s board.
The company intends to use the funds to expand operations and its business reach.
Led by Caleb Avery, founder and CEO, Tilled provides software companies in the United States and Canada with APIs and merchant onboarding solutions to monetize the payments flowing through their platforms. The company is currently hiring across several divisions including sales, marketing, engineering, implementation and customer support.