.
MergerLinks Header Logo

New Deal


Announced

Completed

Northzone led a $167m Series A funding round in SellersFunding.

Financials

Edit Data
Transaction Value£120m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Minority

Venture Capital

Domestic

Private

financial software

Private Equity

FinTech

Completed

financial platform

United States

Acquisition

Friendly

Synopsis

Edit

Northzone, an early stage venture capital fund, led a $167m Series A funding round in SellersFunding, a developer of a financial platform designed to help e-commerce merchants to scale their business. Endeavor Catalyst and Fasanara also participated. SellersFunding leverages sales data provided by the marketplaces and e-commerce platforms to create sales and cash flow estimates based on the credit limits given to clients so that owners can better understand the fees they are paying and make more informed decisions. The company will continue to invest on the payments side and to promote cross-border payments.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US