C2FO raised $27 million as part of a fully subscribed non-brokered equity offering. The subscription, which started on July 18th, lured five investors. Two previous unregistered financing rounds raised an estimated $23.9 million.
C2FO develops and markets a platform for companies to get affordable accounts-receivable financing. The marketplace is designed for companies to pay or receive payments early in exchange for a discounted price. Financial backer include OpenAir Equity Partners, Summerhill Venture Partners and Union Square Ventures, and Mithril Capital.
The company is headquartered in Fairway KS. C2FO elected to keep its revenues undisclosed.
The executive team includes Alexander C Kemper and John Kill.
The board of directors includes Ajay Royan, John Buttrick, Richard Chino, Will Kohler and William Zollars.
The company has raised an estimated total of $50.9 million via private unregistered security offerings.
C2FO is registered under the name Pollen
Industry: Other Technology
Amount offered: $27 million
Amount placed: $27 million
First sale: 07-18-2014
Data as of: 08-06-2014