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Suppli

Financial Technology (FinTech) / Construction ~40 employees
Founded
--
Employees (Est.)
~40
4 leaders known
Total Funding
$3.1M
Funding Rounds
1
Last Funding
2023-01-26

About Suppli

Suppli is a payment solution designed for distributors and suppliers, aiming to simplify accounts receivable (AR) management, accelerate cash flow, increase margins, and deliver a differentiated customer experience by facilitating faster payments and offering modern payment tools.

Products & Services

Payments Built for Builders:A payment system tailored for the construction industry, enabling payments via text, email, or online portals with 24/7 account access and support for multiple payment methods including cards, ACH, and checks.
A/R Management:Tools to manage accounts receivable with automated reminders and payment requests, replacing manual processes and providing centralized activity tracking to speed up collections.
Increased Margins:Features to boost margins by up to 3% through customizable card convenience fees compliant with regulations, applied dynamically on past due or large payments.
Reduced Risk:Solutions to track past due balances, store job and credit information, and provide transparent AR reporting to minimize financial risks.

Specialties

Accounts Receivable (AR) Management Payment Processing Construction Industry Solutions Customer Experience Enhancement ERP Integrations

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Seed
T: -
FT: Seed
A: 3100000
MR: -
FA: 3.1 million
FAN: 3100000
D: 2023-01-26
FD: 2023-01-26
5 investors
Seed Latest
2023-01-26
$3.1M
5 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

Y

Yaa Fokuo

Accounting Manager

C

Cheryl Young

Credit Manager

M

Megan Kroh

A/R Manager

T

Thea Dudley

Credit Overlord, construction credit consultant and author

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Recent News

Suppli Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Financial Technology (FinTech) / Construction
Company Size
~40 employees (est.)

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Technology Stack

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