Ampla Raises $258m Credit Facility

Ampla

Ampla, a NY-based startup offering financial solutions to consumer brands, received a $258M credit facility.

Goldman Sachs and Atalaya Capital Management provided the financial resources.

The new debt facility provides incremental financing to power the company’s Growth Capital products and allows the company to continue building the all-in-one platform for Consumer Brands.

Led by Anthony Santomo, CEO and co-founder, Ampla is evolving its product offering to encompass a full suite of financial tools, including Growth Capital, Digital Banking, Insights, and its new Visa Corporate Card. The company recently reached major milestones, surpassing over $1.5B in originations, and is processing run-rate $6.0B transactions through its platform. Hundreds of brands including Carbone Fine Foods, CUTS, and Serenity Kids use its platform to power their business.

Ampla plans to continue launching complimentary products that will streamline operations for consumer brands.

FinSMEs

07/09/2023