About Suppli
Suppli is a company based in Austin (United States) founded in 2020. It operates as a SaaS (Software-as-a-Service), and FinTech. Suppli has raised $3.1 million across 1 funding round from investors including Equal Ventures, Audacious Ventures and Chase Gilbert. Suppli offers products and services including Suppli Payments Platform. Suppli operates in a competitive market with competitors including iink, Beam and Truss, among others.
- Headquarter Austin, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Suppli, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.1 M (USD)
in 1 rounds
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Latest Funding Round
$3.1 M (USD), Seed
Jan 23, 2023
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Investors
Equal Ventures
& 4 more
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Employee Count
Employee Count
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Products & Services of Suppli
Suppli offers a comprehensive portfolio of products and services, including Suppli Payments Platform. 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 platform for faster distributor payment processing solutions.
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Software Development Team
2 people
Leadership Team
2 people
Sales and Marketing
1 people
Co Team
1 people
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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 Total Funding
- Total Rounds 1
- Last Round Seed — $3.1M
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First Round
First Round
(23 Jan 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Seed - Suppli | Valuation | Equal Ventures |
| 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 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. 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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Equal Ventures is focused on investing in technology for legacy industries.
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Founded Year | Domain | Location | |
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Investments in technology startups are managed by Audacious Ventures.
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Founded Year | Domain | Location | |
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Dash Fund is focused on backing FinTech startups.
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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 Suppli
| 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 - Suppli
| 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 |
Suppli Comparisons
Competitors of Suppli
Suppli 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 iink, Beam and Truss, 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 |
Property insurance claim payments are streamlined via digital multi-party processing.
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| domain | founded_year | HQ Location |
Beam is recognized as a provider of construction management software and financial tools.
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| domain | founded_year | HQ Location |
Truss is recognized as a financial technology company focused on construction banking.
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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 Suppli
Frequently Asked Questions about Suppli
When was Suppli founded?
Suppli was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Suppli located?
Suppli is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Suppli a funded company?
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 23, 2023.
What does Suppli do?
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.
What products or services does Suppli offer?
Suppli offers Suppli Payments Platform.
Who are Suppli's investors?
Suppli has 5 investors. Key investors include Equal Ventures, Audacious Ventures, Chase Gilbert, Ali Javid, and Dash Fund.