The equity round was led by Group 11 with participation from Upper90, Vera Equity, Slow Ventures and angel investors from other fintech companies.
Founded by former employees of Microsoft, Stripe, Lyft and Tipalti in 2022, CapitalOS says its software enables B2B platforms serving small businesses to avoid the expensive and time-consuming in-house development of spend management solutions.
Once integrated, CapitalOS claims its tech handles the entire user journey, from onboarding to ongoing card management. It adds that companies can benefit from increased user retention and open up access to business spend data to manage their expenses more effectively.
