FlexPoint, a NYC-based provider of a payments automation platform, raised $2.4m in initial funding.
The round was led by Garuda Ventures, with participation from Far Out Ventures, Techstars, Cascade Seed Fund, and Lorimer Ventures, ConnectWise, NinjaOne, CyberFox, Rewst, Empath Cyber, and LifeCycle Insights.
The company intends to use the funds to expand operations and its business reach.
Founded in 2022 and led by Victor Lopez, CEO, and Sam Kushner, FlexPoint is a payments platform purpose built for managed service providers (MSPs). Through automations and integrations, the company makes payments simple for MSPs and their business clients. Complementing its full suite of payment and working capital solutions, it will now offer long-term financing through its platform, empowered by GreatAmerica Financial Services.
FinSMEs
03/10/2023