MidFunder Overview
- Year Founded
-
2019
- Status
-
Acquired/Merged
- Employees
-
4
- Latest Deal Type
-
M&A
MidFunder General Information
Description
Developer of a revenue-based financing platform designed to provide working capital to small businesses. The company's platform offers loans with repayments based on a percentage of monthly revenues on flexible terms without personal guarantees, enabling businesses to access capital without giving up equity, which can be a major obstacle for small businesses.
Contact Information
Website
www.midfunder.comCorporate Office
- Dufourstrasse 43
- 8008 Zürich
- Switzerland
Corporate Office
- Dufourstrasse 43
- 8008 Zürich
- Switzerland
MidFunder Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Merger/Acquisition | 13-Mar-2024 | Completed | Generating Revenue | |||
| 1. Seed Round | 26-Feb-2021 | Completed | Generating Revenue |
MidFunder Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary |
MidFunder Signals
MidFunder Former Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Umbricht Ventures | Venture Capital | Minority |
MidFunder FAQs
-
When was MidFunder founded?
MidFunder was founded in 2019.
-
Where is MidFunder headquartered?
MidFunder is headquartered in Zürich, Switzerland.
-
What is the size of MidFunder?
MidFunder has 4 total employees.
-
What industry is MidFunder in?
MidFunder’s primary industry is Specialized Finance.
-
Is MidFunder a private or public company?
MidFunder is a Private company.
-
What is MidFunder’s current revenue?
The current revenue for MidFunder is .
-
How much funding has MidFunder raised over time?
MidFunder has raised $1.01M.
-
Who are MidFunder’s investors?
Umbricht Ventures has invested in MidFunder.
-
When was MidFunder acquired?
MidFunder was acquired on 13-Mar-2024.
-
Who acquired MidFunder?
MidFunder was acquired by Levenue.
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