Our mission is to democratize access to growth capital. At Parafin, we aim to enable and empower small businesses to reach their greatest potential, and to create a world in which their ability to acquire funding isn’t limited to a credit check or an arbitrary set of rules - which historically has limited numerous people from chasing their dream. We don’t believe in stifling innovation. We are a team of dreamers, too - visionaries with innovative fresh ideas, collaborating and executing on a shared vision - and we can map out a new world together. We are located in San Francisco, and we are backed by prominent venture capitalists and the founders of Robinhood, DoorDash, Carta, Chime, and Plaid.
Location: United States, California, San Francisco
Employees: 11-50
Total raised: $1.28B
Valuation: $750M
Founded date: 2020
Founders name: Vineet Goel
Founders Related Locations: Germany, Berlin, Berlin; Switzerland, Geneva, Geneva; United Kingdom, England, London; United States, California, Menlo Park; United States, California, San Francisco; United States, California, Palo Alto
Investors 3
| Date | Name | Website |
| - | Mischief | mischief.x... |
| - | Mischief | mischief.v... |
| 01.11.2024 | Trinity Ca... | trinitycap... |
Funding Rounds 4
| Date | Series | Amount | Investors |
| 19.12.2024 | Series C | $1B | - |
| 28.08.2024 | - | $93M | - |
| 10.04.2024 | - | $125M | SVB Capita... |
| 03.08.2022 | Series B | $60M | - |
Persons 2
| Date | First Name | Last Name | Title | Location | |||
| - | Vineet | Goel | Co-Founder | linkedin.c... | - | - | - |
| - | - | - | Co-Founder... | linkedin.c... | - | - | United Sta... |
Mentions in press and media 16
| Date | Title | Description |
| 15.10.2025 | Parafin And Fullsteam Capital Program Exceeds $125 Million To Boost Small Business Growth | Parafin (a leading provider of embedded financial services) and Fullsteam (a software and payments platform serving industry-specific businesses) announced that their joint embedded capital program has surpassed $125 million in financing fo... |
| 21.12.2024 | This Week's Best Startup Funding Deals (Dec 14–20) This week's funding deals (Dec 14–20) spotlighted several innovative startups across various industries, raising significant capital to fuel their gr... | Bureau: Revolutionising Fraud Prevention Bengaluru-based Bureau, an AI-driven platform founded by Ranjan R Reddy in 2020, offers real-time, contextual fraud prevention across customer lifecycles, going beyond traditional rule-based systems... |
| 20.12.2024 | Parafin's $100 Million Boost: A New Era for Small Business Financing | In the bustling heart of San Francisco, a financial revolution is brewing. Parafin, an embedded finance infrastructure company, has secured $100 million in Series C funding, catapulting its valuation to $750 million. This significant invest... |
| 19.12.2024 | Parafin Secures USD 100Mn in Series C Funding at USD 750Mn Valuation Since its Series B round in September 2022, Parafin has seen a 400 per cent increase in volumes and now funds nearly USD 1 billion ... | Parafin, co-founded by Sahill Poddar and Vineet Goel, which builds embedded financial services for small businesses, has raised USD 100 million in Series C financing, bringing its valuation to USD 750 million. The funding round was led by N... |
| 19.12.2024 | Parafin: Embedded Finance Infrastructure Company Raises $100 Million (Series C) At $750 Million Valuation | Parafin, a company that builds embedded finance infrastructure, has announced the close of its $100 million Series C financing at a $750 million valuation. Notable Capital led the funding, with significant participation from Redpoint Ventur... |
| 17.12.2024 | Parafin Raises $100M in Series C Funding | Parafin, a San Francisco, CA-based embedded finance infrastructure company, raised $100M in Series C funding, at $750M valuation. The round was led by Notable Capital, with participation from Redpoint Ventures. Existing investors Ribbit Cap... |
| 04.09.2024 | Notable Capital Announces 2024 SMBTech 50 | Main Street Goes High-Tech: 50 Startups Powering America's Small Business Boom NEW YORK, Sept. 4, 2024 /PRNewswire/ -- Notable Capital today announced the 2024 SMBTech 50, an annual list to recognize the growth and potential of startups ser... |
| 28.08.2024 | Parafin Closes $93M Debt Facility with Jefferies and Trinity Capital | Parafin, a San Francisco, CA-based innovator in embedded finance, announced today that it closed a $93M debt facility with Jeffries and Trinity Capital, Inc. Their investment has the potential to increase to $187M. The funding will support ... |
| 29.05.2024 | Zomato revives lending ambitions, in talks with multiple NBFCs to give merchant loans | With over 18 million customers, Zomato has 2,47,000 average monthly active restaurant partners, growing at a CAGR of 17 percent. After pausing its lending ambitions for a few years, food delivery major Zomato is looking to revive the servic... |
| 10.04.2024 | Parafin Secures $125M Warehouse Facility from Silicon Valley Bank and Trinity Capital | Parafin, a San Francisco, CA-based fintech infrastructure startup, raised $125M warehouse facility from Silicon Valley Bank and Trinity Capital (Nasdaq: TRIN). The company intends to use the funds to provide capital to businesses on premier... |
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