What does Slash do?
Slash is a banking platform provider that specializes in creating financial products designed specifically for online businesses, offering a range of innovative features and services.
How much did they raise?
The company raised $41M in Series B funding at a $370M valuation, with lead investors including Goodwater Capital, NEA, and Menlo Ventures. This funding round brings the total raised by the company to $60M.
What are their plans for the money?
Slash plans to use the funds to expand its operations and development efforts, which could lead to broader product offerings and an increased ability to serve the growing needs of online businesses across America.
What have they achieved so far?
Slash has already made significant progress by serving over 2,000 American businesses, demonstrating its strong market presence and operational capacity.