We're building a better way for diverse and women-owned businesses to find funding for entrepreneurship.
We only work with affordable, community-first lenders. This means that we can offer funding at the lowest possible interest rates. We're talking 4-11%.
We save you time, and time is valuable. At Bags, we get to know your needs, prioritize you, and get you to the right place.
We don’t cost you money. Our partners want to meet you, and they pay us when we make that happen.
Why?
We believe diverse and women-owned businesses are a key to strong communities, better local economies, and a future we can be proud of. We're here to help you secure the bag to grow a successful business. #morebags
We only work with affordable, community-first lenders. This means that we can offer funding at the lowest possible interest rates. We're talking 4-11%.
We save you time, and time is valuable. At Bags, we get to know your needs, prioritize you, and get you to the right place.
We don’t cost you money. Our partners want to meet you, and they pay us when we make that happen.
Why?
We believe diverse and women-owned businesses are a key to strong communities, better local economies, and a future we can be proud of. We're here to help you secure the bag to grow a successful business. #morebags
Location: United States, New York
Employees: 1-10
Total raised: $5.75M
Founded date: 2020
Investors 2
| Date | Name | Website |
| - | Connecticu... | ctinnovati... |
| - | Slauson &a... | slauson.co |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 09.12.2025 | - | $2.75M | - |
| 19.10.2022 | Seed | $3M | - |
Mentions in press and media 5
| Date | Title | Description |
| 09.12.2025 | Bags Raises $2.75M in Funding | Bags, a NYC-based company developing AI-powered financial services, raised $2.75M in funding. The round was led by Ford Foundation, with participation from Partnership Fund for New York City, Zeal Capital Partners, Slauson & Co, Limited... |
| 08.02.2023 | The Bank of London bags $40m in Series C extension | UK clearing bank The Bank of London has raised $40 million in a Series C extension round at a sustained valuation of $1.1 billion. The Bank of London raises $40m The funding round was co-led by Mangrove Capital Partners and 14W Venture Capi... |
| 21.10.2022 | Bags Raises $3M in Seed Funding | Bags Founders Bags, a New York-based provider of a small business loan discovery and management platform, raised $3M in Seed funding. The round was led by Slauson & Co., with participation from Connecticut Innovations, Schultz Family Fo... |
| - | Bags | “Manage Money, Borrow Money, and Spend Money, Better. Bags is a financial Growth Platform for Small Businesses that want to grow.” |
| - | Bags | “Grow your business with access to fair and flexible funding options designed to help you do your thing. Bags is the best place for business owners to get dollars for working capital, inventory, marketing, expansion, or anything else you ne... |