About Receive
Receive is a company based in Paramus (United States) founded in 2022 by Ariel Blum. It operates as a FinTech. Receive has raised $4 million across 2 funding rounds from investors including NextGen Venture Partners, Blank Ventures and Verissimo Ventures. Receive offers products and services including Receive Business Mastercard. Receive operates in a competitive market with competitors including Synchrony, Deserve, Cardless, Power and Tallied, among others.
- Headquarter Paramus, United States
- Founders Ariel Blum
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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 Receive Corp.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
NextGen Venture Partners
& 5 more
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Employee Count
Employee Count
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Products & Services of Receive
Receive offers a comprehensive portfolio of products and services, including Receive Business Mastercard. 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.
A card providing access to early sales revenue.
Funding Insights of Receive
Receive has successfully raised a total of $4M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(17 Jul 2025)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Seed - Receive | Valuation | NextGen Venture Partners | |
| Jul, 2025 | Amount | Debt – Conventional - Receive | Valuation |
investors |
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| 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 Receive
Receive has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include NextGen Venture Partners, Blank Ventures and Verissimo 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 directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Blank Ventures is focused on early-stage fintech investments.
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Founded Year | Domain | Location | |
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Early-stage startups are invested in by Verissimo Ventures.
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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 Receive
| 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 - Receive
| 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 |
Receive Comparisons
Competitors of Receive
Receive 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 Synchrony, Deserve, Cardless, Power and Tallied, 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 |
Synchrony is engaged in providing credit cards and banking services.
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| domain | founded_year | HQ Location |
Credit builder cards for consumers
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| domain | founded_year | HQ Location |
Reward-based credit cards are provided to consumers.
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| domain | founded_year | HQ Location |
Clinical trials and treatments are found via an online platform.
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| domain | founded_year | HQ Location |
Platform to build consumer and corporate credit card programs
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| domain | founded_year | HQ Location |
API-based credit-card-as-a-service solutions are provided with risk and fraud tools.
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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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Frequently Asked Questions about Receive
When was Receive founded?
Receive was founded in 2022 and raised its 1st funding round 3 years after it was founded.
Where is Receive located?
Receive is headquartered in Paramus, United States. It is registered at Paramus, New Jersey, United States.
Who is the current CEO of Receive?
Ariel Blum is the current CEO of Receive. They have also founded this company.
Is Receive a funded company?
Receive is a funded company, having raised a total of $4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Jul 17, 2025.
What does Receive do?
Early access to earned revenue is provided for businesses through the Receive Business Mastercard. Sales platforms are connected to analyze revenue data, offering dynamic spending power. Growth is supported by funding inventory and campaigns without fees or interest. Solutions are tailored for e-commerce and small businesses, ensuring cash flow improvement. The service operates in the financial technology sector, focusing on payment solutions.
Who are the top competitors of Receive?
What products or services does Receive offer?
Receive offers Receive Business Mastercard.
Who are Receive's investors?
Receive has 6 investors. Key investors include NextGen Venture Partners, Blank Ventures, Verissimo Ventures, Insight Partners, and Corner Ventures.