Vartana Raises $20M in Series B Funding

Vartana

Vartana, a San Francisco, CA-based provider of a B2B sales closing and financing platform, raised $20M in Series B funding.

The round was led by Activant Capital, with participation from Mayfield and Audacious Ventures. As part of the investment, Activant partner Andrew Steele will join the Board of Directors.

The company intends to use the funds for continued product innovation, scaling their go-to-market to more enterprises, including the software and hardware reseller market, expansion of the Vartana Capital Marketplace, and scaling of its team, aiming to double their headcount by year’s end to around 100 people.

Founded in 2020 by Kush Kella (CEO) and Ahmed Sharif, Vartana is a B2B enterprise sales closing and financing platform that allows sales reps to close deals and buyers to pay by streamlining the closing process and eliminating payment term pushback. The platform serves customers like Verkada, Samsara, and others.

FinSMEs

31/05/2023