About Cushion AI
Cushion AI is a company based in San Francisco (United States) founded in 2016 by Paul Kesserwani was acquired by Lending Club in April 2025.. Cushion AI has raised $22.52 million across 6 funding rounds from investors including LendingClub, Rose Park Advisors and Vestigo Ventures. Cushion AI operates in a competitive market with competitors including Boom Pay, Esusu, PerPay, StellarFi and RentTrack, among others.
- Headquarter San Francisco, United States
- Founders Paul Kesserwani
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cushion Ai, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.52 M (USD)
in 6 rounds
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Latest Funding Round
$17.4 M (USD), Series A
May 12, 2022
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Investors
LendingClub
& 8 more
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Employee Count
Employee Count
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Acquired by
Lending Club
(Apr 30, 2025)
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Funding Insights of Cushion AI
Cushion AI has successfully raised a total of $22.52M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $17.4 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series A — $17.4M
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First Round
First Round
(03 Oct 2017)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series A - Cushion AI | Valuation | Rose Park Advisors | |
| May, 2020 | Amount | Seed - Cushion AI | Valuation |
investors |
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| Feb, 2019 | Amount | Seed - Cushion AI | Valuation | Vestigo Ventures , Green Cow Venture Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cushion AI
Cushion AI has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include LendingClub, Rose Park Advisors and Vestigo Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are guided by disruptive innovation theories.
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Founded Year | Domain | Location | |
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Vestigo Ventures is focused on investing in AI and FinTech startups.
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Founded Year | Domain | Location | |
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Flourish Ventures is focused on investing in mission-driven fintech entrepreneurs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cushion AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cushion AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cushion Ai Comparisons
Competitors of Cushion AI
Cushion AI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Boom Pay, Esusu, PerPay, StellarFi and RentTrack, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform for rental payments and credit building
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| domain | founded_year | HQ Location |
Online platform offering credit-building solutions through rent payment reporting
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| domain | founded_year | HQ Location |
POS financing and credit-building solutions are provided to consumers.
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| domain | founded_year | HQ Location |
Online platform offering credit repair solutions for consumers by reporting bill payments
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| domain | founded_year | HQ Location |
Credit score building through rent payments
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| domain | founded_year | HQ Location |
Credit improvement is enabled through rent payment reporting to bureaus.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cushion Ai
Frequently Asked Questions about Cushion AI
When was Cushion AI founded?
Cushion AI was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Cushion AI located?
Cushion AI is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Cushion AI?
Paul Kesserwani is the current CEO of Cushion AI. They have also founded this company.
Is Cushion AI a funded company?
Cushion AI is a funded company, having raised a total of $22.52M across 6 funding rounds to date. The company's 1st funding round was a Seed of $2.8M, raised on Oct 03, 2017.
What does Cushion AI do?
Founded in 2016 and headquartered in San Francisco, United States, Cushion AI operates in the consumer finance sector. Solutions for bill payments and credit building are provided to users, allowing credit scores to be improved via routine bill settlements. Bills, subscriptions, and buy-now-pay-later obligations are managed within a single dashboard, where tracking, payments, and credit history development are supported.
Who are the top competitors of Cushion AI?
Who are Cushion AI's investors?
Cushion AI has 9 investors. Key investors include LendingClub, Rose Park Advisors, Vestigo Ventures, Flourish Ventures, and TSEF.