Fitted, an Eagle, ID-based provider of a fintech software platform, raised $8.5M in Series A funding.
The round was led by Capital Eleven with participation from Epic Ventures and Handshake Ventures.
The company intends to use the funds to continue to innovate and bring on new brand partners.
Led by CEO Monte Keleher, Fitted provides retailers and brands of all sizes with digital tools to optimize their profitability and streamline operations. On Fitted, retailers get enhanced discounts and terms to make payments, and brands get paid immediately when the invoice is finalized. All retail parties have access to real-time data and critical financial information.
Fitted has already achieved significant milestones, including quarter-over-quarter revenue growth of 2.5x, and securing partnerships with brands like Twisted X and Vivobarefoot.
FinSMEs
27/07/2023