About Financeit
Financeit is a company based in West Des Moines (United States) founded in 2006 was acquired by Financeit in June 2023. It operates as a FinTech and Commission-Based. Financeit has raised $73.09 million across 3 funding rounds from investors including FFL Partners, Financeit and Simply Green Home Services. Financeit offers products and services including Point-of-Sale Financing and Consumer Loans.
- Headquarter West Des Moines, United States
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Financeit Canada Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$73.09 M (USD)
in 3 rounds
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Latest Funding Round
$6.09 M (USD), Series B
Sep 30, 2014
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Investors
FFL Partners
& 2 more
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Employee Count
Not available
- Acquired by
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Products & Services of Financeit
Financeit offers a comprehensive portfolio of products and services, including Point-of-Sale Financing and Consumer Loans.
Financing solutions are provided for home improvement purchases.
Loans are offered to consumers for various needs.
Funding Insights of Financeit
Financeit has successfully raised a total of $73.09M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $6.09 million completed in September 2014. 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.
Investors in Financeit
Financeit has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include FFL Partners, Financeit and Simply Green Home Services.
| Investor | Description | Founded Year | Domain | Location |
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Lower middle market investments are targeted by FFL Partners.
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Energy-efficient HVAC systems are provided by Simply Green Home Services.
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Consumer financing is offered at point-of-sale for partnered businesses.
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Locked | Locked | Locked |
Investor details for Financeit
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Investments & Acquisitions by Financeit
Investment portfolio details for Financeit
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Financial Statements - Financeit
Detailed financials for Financeit
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Financeit Comparisons
Peer comparison for Financeit
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Competitors of Financeit
Detailed competitors of Financeit
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Latest news on Financeit
Complete news archive for Financeit
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Frequently Asked Questions about Financeit
Financeit was founded in 2006 and raised its 1st funding round 7 years after it was founded.
Financeit is headquartered in West Des Moines, United States. It is registered at West Des Moines, Iowa, United States.
Financeit is a funded company, having raised a total of $73.09M across 3 funding rounds to date.
Financeit is engaged in offering point-of-sale financing solutions across Canada, focusing on the home improvement, recreational vehicle, and retail sectors. Financing services are extended to merchants and consumers to facilitate purchases and business growth. The company has recently expanded through the acquisition of Simply Group Financial, SNAP Home Finance, and EcoHome Financial, enhancing its market presence. Innovative projects and improved experiences for dealers and end-users are prioritized in its operations.
Financeit offers Point-of-Sale Financing and Consumer Loans.
Financeit has 3 investors. Key investors include FFL Partners, Financeit, and Simply Green Home Services.