What does Keep do?
Keep provides a financial platform designed for small businesses to control spend, automate bookkeeping, and manage funds effectively.
How much did they raise?
The company raised $76M, which includes $23M in equity financing led by Tribe Capital, a $50M credit facility from Coventure, and a $3M venture debt line from Silicon Valley Bank, with additional participation from Rebel Fund, Liquid2 Ventures, Cambrian, and Assurant Ventures.
What are their plans for the money?
Keep intends to use the funds to expand its operations and enhance its development efforts, potentially increasing the capabilities of its platform and the reach of its services to small businesses.
What have they achieved so far?
Under the leadership of CEO Oliver Takach, Keep has established a robust financial platform that assists SMBs in controlling spending and automating financial processes.