Total amount raised
$25 Millions
Latest funding date
Location
Series has successfully raised $25 million in a Series A round, with participation from 776 Capital and 36 other investors. The company offers full-stack enterprise financial services tailored for institutions and enterprises.
Keep reading to explore the intricacies of Series' fundraising journey and the investors backing this innovative platform.
What Is Series?
Series, founded in 2021, is headquartered in San Francisco, California. The company specializes in providing full-stack enterprise financial services tailored for institutions and enterprises.
Series was established by Brexton Pham, Daniel Lai, and Tamby Kojak. The founders bring a wealth of experience and vision to the company, driving its innovative approach to financial services.
With a team of 11-50 employees, Series is rapidly growing and making significant strides in the financial services industry.
How Much Funding Has Series Raised?
- Pre-Seed Round
- Amount Raised: Not publicly disclosed
- Date: October 2019
- Lead Investors: Pear VC
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the initial version of their enterprise financial services platform.
- Seed Round
- Amount Raised: Not publicly disclosed
- Date: September 2023
- Lead Investors: 776 Capital, Basis Set Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand operations and development efforts.
- Series A Round
- Amount Raised: $25,000,000
- Date: September 2023
- Lead Investors: 776 Capital, Basis Set Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue expanding operations and business reach.
Total Amount Raised: $25,000,000. Current Valuation: Not publicly disclosed.
Key Investors
- 776 Capital
- Details: 776 Capital is a venture capital firm known for investing in early-stage technology companies. They focus on providing strategic support and resources to help startups scale.
- Investment Focus Areas: Technology, Fintech, Enterprise Software
- Notable Investments: Not publicly disclosed
- Basis Set Ventures
- Details: Basis Set Ventures is a venture capital firm that invests in early-stage companies. They are known for their hands-on approach and extensive network in the tech industry.
- Investment Focus Areas: Artificial Intelligence, Robotics, Enterprise Software
- Notable Investments: Not publicly disclosed
- Pear VC
- Details: Pear VC is an early-stage venture capital firm that partners with founders from the idea stage through Series A. They have a strong track record of helping startups grow.
- Investment Focus Areas: Consumer, Enterprise, Healthcare
- Notable Investments: DoorDash, Gusto, Branch
- Kleiner Perkins
- Details: Kleiner Perkins is a renowned venture capital firm with a history of backing successful technology and life sciences companies. They have been instrumental in the growth of many industry leaders.
- Investment Focus Areas: Technology, Healthcare, Sustainability
- Notable Investments: Google, Amazon, Twitter
- Day One Ventures
- Details: Day One Ventures is a venture capital firm that combines investment with public relations support. They focus on early-stage companies and help them build their brand and market presence.
- Investment Focus Areas: Technology, Consumer, Fintech
- Notable Investments: Superhuman, Truebill, DoNotPay
What's Next for Series?
Series stands at the cusp of a significant opportunity to revolutionize financial operations for businesses. With its modular Enterprise Operating System (EOS), the company can streamline complex processes like payroll, HR, and treasury management. This potential is underscored by the $25 million in funding it has already secured, indicating strong investor confidence and a substantial market presence.
As Series continues to grow, future fundraising rounds seem likely, especially given the increasing demand for integrated financial solutions. However, the company will need to navigate challenges such as competition and the technical complexities of integrating with various external vendors. Ensuring data security and maintaining service quality as they scale will be crucial for sustained success.
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