About Method
Method is a company based in Austin (United States) founded in 2019 by Mit Shah, Marco Del Carmen, and Jose Bethancourt. It operates as a API-as-a-Product, and FinTech. Method has raised $60 million across 3 funding rounds from investors including Truist, Emergence Capital and avra. Method offers products and services including Connect, Data, and Pay. Method operates in a competitive market with competitors including Codat, Banked, Yodlee, Bud and Orum, among others.
- Headquarter Austin, United States
- Founders Mit Shah, Marco Del Carmen, Jose Bethancourt
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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
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- Legal Name Method Financial
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$60 M (USD)
in 3 rounds
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Latest Funding Round
$41.5 M (USD), Series B
Jan 23, 2025
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Investors
Truist
& 11 more
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Employee Count
Employee Count
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Products & Services of Method
Method offers a comprehensive portfolio of products and services, including Connect, Data, and Pay. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Financial accounts are connected instantly with single authentication.
Real-time financial data is retrieved from direct sources.
Payments are embedded for liabilities across financial institutions.
Unlock access to complete
Funding Insights of Method
Method has successfully raised a total of $60M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $41.5 million completed in January 2025. 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 3
- Last Round Series B — $41.5M
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First Round
First Round
(02 Feb 2022)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series B - Method | Valuation | Emergence Capital | |
| Jan, 2023 | Amount | Series A - Method | Valuation | a16z | |
| Feb, 2022 | Amount | Seed - Method | Valuation | Y Combinator , Ardent Venture Partners |
| 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 Method
Method has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Truist, Emergence Capital and avra. 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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Tech focused Early and growth stage VC firm investing in the US
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Founded Year | Domain | Location | |
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A sector-agnostic acceleration program for startups is operated by Avra.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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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 Method
| 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 - Method
| 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 |
Method Comparisons
Competitors of Method
Method 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 Codat, Banked, Yodlee, Bud and Orum, 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 |
Developer of cloud-based financial analysis and forecasting solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Open banking APIs for payments and data access are provided.
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| domain | founded_year | HQ Location |
Cloud-based data aggregation and analytics for financial institutions are offered.
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| domain | founded_year | HQ Location |
Bud Financial is focused on transforming transaction data into actionable insights for financial institutions.
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| domain | founded_year | HQ Location |
open banking API solutions
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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 Method
Frequently Asked Questions about Method
When was Method founded?
Method was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Method located?
Method is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of Method?
Jose Bethancourt is the current CEO of Method. They have also founded this company.
Is Method a funded company?
Method is a funded company, having raised a total of $60M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Feb 02, 2022.
What does Method do?
Financial connectivity is enabled by Method through APIs and SDKs, focusing on consumer credit and liability accounts. Embedded payment solutions are offered for end-to-end lending experiences. Real-time account data intelligence is provided across sectors like consumer lending, personal finance, and employer benefits. Coverage spans over 15,000 financial institutions, ensuring stable and secure connections. Solutions for balance transfers, loan payoffs, and bill payments are integrated to enhance user experiences in banking and credit unions.
What products or services does Method offer?
Method offers Connect, Data, and Pay.
Who are Method's investors?
Method has 12 investors. Key investors include Truist, Emergence Capital, avra, Andreessen Horowitz, and Y Combinator.
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