Balance (California) Overview
- Year Founded
-
2020
- Status
-
Private
- Employees
-
108
- Latest Deal Type
-
Series B
- Latest Deal Amount
-
$56M
- Investors
-
20
Balance (California) General Information
Description
Developer of a B2B checkout platform designed to process payments online. The company's platform uses a machine learning engine for real-time authentication and financial risk assessment to offer complete flexibility, enabling businesses to pay whenever they want.
Contact Information
Website
www.getbalance.comCorporate Office
- 2261 Market Street
- Suite 4149
- San Francisco, CA 94114
- United States
Corporate Office
- 2261 Market Street
- Suite 4149
- San Francisco, CA 94114
- United States
Balance (California) Timeline
Balance (California) Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Early Stage VC (Series B) | 15-Dec-2022 | $56M | Completed | Generating Revenue | ||
4. Debt - General | 23-Nov-2022 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A) | 20-Aug-2021 | Completed | Generating Revenue | |||
2. Seed Round | 03-Feb-2021 | $5.5M | $5.65M | Completed | Generating Revenue | |
1. Accelerator/Incubator | 01-Jan-2020 | $150K | $150K | Completed | Generating Revenue |
Balance (California) Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B | ||||||||
Series A | ||||||||
Seed-3 | ||||||||
Seed-2 | 120,580 | $0.000010 | $2.6 | $2.6 | 1x | $2.6 | 3.68% | |
Seed-1 | 586,510 | $0.000010 | $8.7 | $8.7 | 1x | $8.7 | 17.88% |
Balance (California) Comparisons
Industry
Financing
Details
Balance (California) Competitors (2)
One of Balance (California)’s 2 competitors is PayStand, a Venture Capital-Backed company based in Scotts Valley, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
PayStand | Venture Capital-Backed | Scotts Valley, CA | ||||
Wibmo | Formerly VC-backed | Cupertino, CA |
Balance (California) Signals
Balance (California) Investors (20)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Forerunner Ventures | Venture Capital | Minority | ||
Global Tech Ventures | Venture Capital | Minority | ||
Gramercy Ventures | Venture Capital | Minority | ||
HubSpot Ventures | Corporate Venture Capital | Minority | ||
Jeff Wisener | Angel (individual) | Minority |
Balance (California) FAQs
-
When was Balance (California) founded?
Balance (California) was founded in 2020.
-
Where is Balance (California) headquartered?
Balance (California) is headquartered in San Francisco, CA.
-
What is the size of Balance (California)?
Balance (California) has 108 total employees.
-
What industry is Balance (California) in?
Balance (California)’s primary industry is Financial Software.
-
Is Balance (California) a private or public company?
Balance (California) is a Private company.
-
What is the current valuation of Balance (California)?
The current valuation of Balance (California) is
. -
What is Balance (California)’s current revenue?
The current revenue for Balance (California) is
. -
How much funding has Balance (California) raised over time?
Balance (California) has raised $437M.
-
Who are Balance (California)’s investors?
Forerunner Ventures, Global Tech Ventures, Gramercy Ventures, HubSpot Ventures, and Jeff Wisener are 5 of 20 investors who have invested in Balance (California).
-
Who are Balance (California)’s competitors?
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »