About Suppli
Suppli is a Financial Services company based in Austin (United States) founded in 2020. Payment processing solutions are provided for construction companies. It operates on a SaaS (Software-as-a-Service) and FinTech model. Suppli has raised $3.1 million across 1 funding round from investors including Equal Ventures, Audacious Ventures and Chase Gilbert. Its website gosuppli.com draws about 19 thousand monthly visits. Suppli offers products and services including Suppli Payments Platform. Its focus areas include Technology, Financial Technology and Payment Solutions. Its legal entity is Suppli, Inc. Its competitors include iink, Beam and Truss; 3 of its 3 listed competitors have raised funding.
Company details
Suppli is engaged in providing payment solutions tailored for distributors and suppliers in the construction industry. The platform is designed to accelerate cash flow, manage accounts receivable, and enhance customer experience through modern payment tools. Services are offered across various sectors including aggregates, electrical, HVAC, and roofing. Automated reminders, payment requests, and integrations with major ERP systems are provided to streamline operations. Transparent reporting and risk reduction tools are also included to support financial management.
- Headquarters Austin, United States
- SectorsFinancial Services
- Phone•••• ••••
- Website gosuppli.com
- Social LinkedIn X
- Legal Name Suppli, Inc.
- Total Equity Funding$3.1M (USD)
in 1 rounds
- Latest Funding Round$3.1M (USD), Seed
Jan 2023
- InvestorsEqual Ventures
& 4 more
Products & Services of Suppli
Suppli offers a comprehensive portfolio of products and services, including Suppli Payments Platform.
A platform for faster distributor payment processing solutions.
Funding Insights of Suppli
Suppli has successfully raised a total of $3.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.1 million completed in January 2023. 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 $3.1M
- Total Rounds 1
- Last Round Seed — $3.1M
- First Round $3.1M
(Jan 2023)
- Investors Count 5
All 1 funding rounds of Suppli 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 |
|---|---|---|---|---|---|
| Jan 2023 | $3.1M | Seed | – | Equal Ventures |
5 investors in total: 3 institutional and 2 angel.
Investors in Suppli
Suppli has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Equal Ventures, Audacious Ventures and Chase Gilbert.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Equal Ventures is focused on investing in technology for legacy industries. | equal.vc | |||
Investments in technology startups are managed by Audacious Ventures. | audacious.co | Auckland, New Zealand | ||
Dash Fund is focused on backing FinTech startups. | dashfund.co | San Francisco, United States | ||
CG Chase Gilbert | Angel investor, CEO of Built Technologies, focusing on construction tech | unknown_f2ab9030eac243568 | ||
AJ Ali Javid | Angel investor and entrepreneur, co-founder of Z47, focused on tech startups. | unknown_731efe3d696d4804b |
Investor details for Suppli
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Suppli
6 people are tracked at Suppli (2 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Tyler Moll | VP of Sales | Leadership |
Ryan Ayers | Co-Founder | Leadership |
Lyudmila Degtyar | Engineering Manager | Team |
Lyle Baker | Account Executive | Team |
Lori J. Drake, CBA | Community Manager | Team |
Matthew Seramin | Account Executive | Team |
Complete people profiles for Suppli
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Suppli
2 dated milestones of Suppli across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Suppli is founded.
- Funding First funding round of $3.1M.
Competitors of Suppli
Suppli has 3 listed competitors in our database, 3 of them funded. They include iink, Beam and Truss.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iink.com | 2017 | Tampa, United States | $19.05M | 24 | Property insurance claim payments are streamlined via digital multi-party processing. | |
| trybeam.com | 2022 | San Francisco, United States | $15M | Beam is recognized as a provider of construction management software and financial tools. | ||
| trusspayments.com | 2021 | San Francisco, United States | $4.77M | Truss is recognized as a financial technology company focused on construction banking. |
Detailed competitors of Suppli
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Suppli
The website of Suppli (gosuppli.com) receives about 19.4K visits a month.
- Monthly visits19.4K
▲ 109.5% vs previous month
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Suppli (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
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 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Suppli
Complete news archive for Suppli
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Frequently Asked Questions about Suppli
Suppli was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Suppli is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Suppli is a funded company, having raised a total of $3.1M across 1 funding round to date. The company's 1st funding round was a Seed of $3.1M, raised on Jan 2023.
Suppli is engaged in providing payment solutions tailored for distributors and suppliers in the construction industry. The platform is designed to accelerate cash flow, manage accounts receivable, and enhance customer experience through modern payment tools. Services are offered across various sectors including aggregates, electrical, HVAC, and roofing. Automated reminders, payment requests, and integrations with major ERP systems are provided to streamline operations. Transparent reporting and risk reduction tools are also included to support financial management.
Suppli offers Suppli Payments Platform.
Suppli has 5 investors. Key investors include Equal Ventures, Audacious Ventures, Chase Gilbert, Ali Javid, and Dash Fund.
Suppli operates through Suppli, Inc..