About Settle
Settle is a Technology company based in San Francisco (United States) founded in 2019 by Alek Koenig. Cloud-based cash flow management is provided for payers and vendors. It operates on a SaaS (Software-as-a-Service), Subscription Services, and FinTech model. Settle has raised $91 million across 6 funding rounds from investors including SVB, Kleiner Perkins and Ribbit Capital. Settle has completed 1 acquisition, including Hello Turbine. Its chief executive, as recorded, is Alek Koenig. Its website settle.com draws about 39 thousand monthly visits. Settle offers products and services including Inventory Management, Working Capital, Accounts Payable Automation, Procurement, and Tally (AI Assistant). Its focus areas include Financial Technology, Payment Solutions, Consumer Goods and Back-Office Solutions. Its legal entity is Settle Inc. Its competitors include Melio, Lili and Esker; 2 of its 3 listed competitors have raised funding.
Company details
Settle is engaged in providing software and financial solutions for consumer packaged goods (CPG) brands. Operations in inventory management, procurement, and accounts payable are automated through their platform. Working capital financing is offered to support inventory purchases and growth initiatives. The company serves startups, scale-ups, and accountants by unifying disconnected systems into a single dashboard. Real-time insights into costs and profitability are provided to aid decision-making. Integration with sales channels, inventory systems, and accounting tools is facilitated to streamline workflows. The focus is placed on reducing manual tasks and enhancing operational efficiency within the CPG sector.
- Headquarters San Francisco, United States
- Founders Alek Koenig
- SectorsTechnology
- Website category Business and Consumer Services · Business Services
- Website settle.com
- Social LinkedIn X Instagram YouTube
- Legal Name Settle Inc.
- Total Equity Funding$91M (USD)
in 6 rounds
- Latest Funding Round$240M (USD), Debt – Conventional
Oct 2026
- InvestorsSVB
& 8 more
- Investments & Acquisitions
Products & Services of Settle
Settle offers a comprehensive portfolio of products and services, including Inventory Management, Working Capital, Accounts Payable Automation, Procurement, and Tally (AI Assistant).
Inventory tracking is unified across sales and systems.
Financing is provided for inventory and growth needs.
Payments and bills are automated for operational efficiency.
Procurement processes are streamlined to reduce manual tasks.
AI insights are offered for financial decision-making support.
Apps and channels of Settle
its YouTube channel Settle has 139 subscribers and 30 videos.
Videos from Settle
The most watched videos on Settle's YouTube channel, Settle (139 subscribers). Click a video to play it here.
More on Settle.
Funding Insights of Settle
Settle has successfully raised a total of $91M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $240 million completed in October 2026. 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 $91M
- Total Rounds 6
- Last Round Debt – Conventional — $240M
- First Round $8M
(Nov 2020)
- Investors Count 9
All 6 funding rounds of Settle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2026 | $240M | Debt – Conventional | – | – | – |
| Jul 2023 | $145M | Debt – Conventional | – | – | |
| Jan 2022 | $280M | Debt – Conventional | – | – | |
| Aug 2021 | $75M | Series B | – | Ribbit Capital | |
| Jan 2021 | $8M | Series A | – | – | – |
| Nov 2020 | $8M | Seed | – | Founders Fund | – |
9 investors in total: 9 institutional.
Investors in Settle
Settle has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, Kleiner Perkins and Ribbit Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage companies in fintech and multiple sectors are invested in. | 2012 | ribbitcap.com | Palo Alto, United States | |
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
A venture firm based in San Francisco and New York, investments are made in technology companies. | caffeinatedcapital.com | San Francisco, United States | ||
Venture capital fund investing in tech sectors | activantcapital.com | Greenwich, United States | ||
Global investments are made in product-led growth companies. | stripes.co | New York, United States | ||
Venture capital investments in technology and defense sectors. | foundersfund.com | |||
| atalayacap.com | ||||
Banking services are provided to innovative companies, investors, and individuals. | 1983 | svb.com | Santa Clara, United States | |
| citigroup.com |
Investor details for Settle
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- Round participation
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People of Settle
41 people are tracked at Settle (13 in leadership, 28 in team).
| Name | Role | Group |
|---|---|---|
Alek Koenig | Founder & CEO | Leadership |
Shane Moriah | CTO | Leadership |
Christopher Dittmer | Head Of Sales | Leadership |
Stephanie Moinian | Chief of Staff | Leadership |
Rebecca Campbell | Head of Customer Success | Leadership |
Joe Delgardio | Head of Capital Markets | Leadership |
Jay H. Chung | Head of Revenue Operations | Leadership |
Warren Brown | Head Of Product | Leadership |
Sabeen Syed | Head Of Engineering | Leadership |
Patrick Izzo | Head Of Risk | Leadership |
Brian S. | Fraud Director | Leadership |
Nicklas Ankarstad | Sr. Director Of Analytics | Leadership |
Julie Jew | Senior Director, Capital Markets | Leadership |
Ivan Pecharitsa | Software Engineer | Team |
Gabriela Holguin | Senior Support Specialist | Team |
Mary Eid | Manager, Customer Success | Team |
Simran Khanna | Customer Success | Team |
Naman B. | Financial Systems | Team |
Oleksii Hashparych | Staff Software Engineer | Team |
Sandeep Komatireddy | Lead Machine Learning Engineer | Team |
21 more people are available in the full profile.
Complete people profiles for Settle
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Investments & Acquisitions by Settle
Settle has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Hello Turbine.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based ERP solutions are provided for business operations management. | helloturbine.com | Beaverton, United States | 2022 | Oct 2024 | •••• |
Complete acquisition details for Settle
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Settle
4 dated milestones of Settle across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Settle is founded.
- Funding First funding round of $8.0M.
- Acquisition Acquires Hello Turbine.
- Funding Latest funding round, Debt – Conventional, of $240.0M.
Competitors of Settle
Settle has 3 listed competitors in our database, 2 of them funded. They include Melio, Lili and Esker.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| melio.tech | 2018 | Santa Clara, United States | $4.25M | Blood-based pathogen detection devices are manufactured for healthcare applications. | ||
| lili.co | 2018 | New York, United States | $80M | Digital banking services are offered to freelancers. | ||
| esker.com | 1985 | Middleton, United States | 223 | AI and cloud-enabled source-to-pay automation solutions are provided for businesses. |
Detailed competitors of Settle
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Settle
The website of Settle (settle.com) receives about 39.4K visits a month and ranks #921,506 among all websites worldwide, #7,508 in Business Services.
- Monthly visits39.4K
▲ 5.4% vs previous month
- Unique visitors15.8K
per month
- Global rank#921,506
among all websites
- Category rank#7,508
Business and Consumer Services · Business Services
- Bounce rate48%
- Pages per visit1.4
- Average visit12 sec
- DevicesDesktop 40% · Mobile 60%
Websites whose visitors overlap most with Settle. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| 8fig.co | 100% | 80.7K | #161,539 | View details | |
| wayflyer.com | 99% | 218.4K | #243,698 | View details | |
| packagex.io | 98% | 38.3K | #818,294 | View details | |
| netstock.com | 93% | 67.9K | #569,387 | View details | |
| simplfulfillment.com | 89% | 680.7K | #5,786,387 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Settle
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- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as Settle (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Related news about Settle
Complete news archive for Settle
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Frequently Asked Questions about Settle
Settle was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Settle is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Alek Koenig is the CEO of Settle, as recorded in our data. They have also founded this company.
Settle is a funded company, having raised a total of $91M across 6 funding rounds to date. The company's 1st funding round was a Seed of $8M, raised on Nov 2020.
Settle is engaged in providing software and financial solutions for consumer packaged goods (CPG) brands. Operations in inventory management, procurement, and accounts payable are automated through their platform. Working capital financing is offered to support inventory purchases and growth initiatives. The company serves startups, scale-ups, and accountants by unifying disconnected systems into a single dashboard. Real-time insights into costs and profitability are provided to aid decision-making. Integration with sales channels, inventory systems, and accounting tools is facilitated to streamline workflows. The focus is placed on reducing manual tasks and enhancing operational efficiency within the CPG sector.
Settle offers Inventory Management, Working Capital, Accounts Payable Automation, Procurement, and Tally (AI Assistant).
Settle has made 1 acquisition, including Hello Turbine.
Settle has 9 investors. Key investors include SVB, Kleiner Perkins, Ribbit Capital, Caffeinated Capital, and Activant Capital.
Settle operates through Settle Inc..