Upside Financing enables Consumer Packaged Goods (CPG) businesses to take advantage of extended payment terms for their Inventory and PO purchases. In turn, this allows Brands and Manufacturers to grow at the speed of their business instead of traditional banking relationships or by resorting to dilutive equity raises.
Upside was created to address major pain points our founding team of CPG executives have lived, breathed, and experienced in previous companies. And as we’re seeing through rapid traction with customers and capital partners, we weren’t the only ones searching for this solution.
Prior to our formal launch (coming soon!), we’ve received $190mm in total debt offers and closed a $10.6mm seed round from carefully vetted VCs in Silicon Valley with consistent and successful track records. Within 16 weeks, we lined up the $10.6mm in equity, closed a $30mm debt facility, executed partnerships opening up a pipeline of over 10,000 customers, and perhaps most importantly - hired a knowledgeable team (19 and counting!) made up of different talents, backgrounds, and experiences.
We're hiring! https://upsidefinancing.bamboohr.com/jobs/
Company Details
- Founded
- -
- Address
- Major Pain Points Our Founding Team Of Cpg Executives Have Lived
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- https://upsidefinancing.com/
Upside Financing Questions
Upside Financing's website is https://upsidefinancing.com/
Upside Financing's LinkedIn profile is https://www.linkedin.com/company/upsidefinancing
Upside Financing's industry is
Financial Services
Upside Financing's top competitors are
Surely,
Oatfi,
Fomo,
Settle,
Truemed,
Parker,
Palisades Group,
Amusement Consulting Services,
Ampla (Acquired By Fundthrough),
Perfect Keto.
Upside Financing's categories are Financial Services
Upside Financing's founding year is 2021
