Blip Labs Technologies Raises $2.1M in Seed Funding

Blip Labs Technologies

Blip Labs Technologies, a New York-based bill management startup, raised $2.1M in Seed funding.

The round was led by Susa Ventures, Dash Fund, Shrug Capital, Wischoff Ventures, Picks and Shovels, Browder Capital, Rief Ventures and angels investors.

The company intends to use the funds to continue the development of features including enhanced payment capabilities to provide additional value to fintechs, banks, credit unions, and ultimately end-users.

Led by CEO Seth Fenster, and Michael Bank, Blip offers APIs and SDKs that enable customers to embed personalized bill management experiences into their products to position themselves as the primary financial relationship with their end-users. The company ensures partners and customers spend minutes writing code, not weeks, removes end-user onboarding friction through advanced machine learning that analyzes user transaction data to identify and suggest bills, and increases conversion through highly contextual offers and insights displayed at the point when individuals are thinking about their money.

FinSMEs

08/02/2023