The Receivables Exchange allows small and mid-sized businesses to auction their accounts receivables to a global network of capital providers, gaining access to working capital at a competitive cost.
The Exchange is the world’s first online marketplace for real-time trading of accounts receivable. The Receivables Exchange’s patent-pending online marketplace brings brings together a global network of accredited capital providers with millions of America’s growth-oriented small and mid-sized businesses in search of capital to help them grow.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 10/01/07 | Series A | 5M | Fidelity Ventures, Prism VentureWorks | Unknown |
| 02/26/09 | Series B | 7.75M | Redpoint Ventures, Prism Ventureworks | Unknown |
| 01/01/10 | Series C | 17M | Bain Capital Ventures, Redpoint Ventures, Prism VentureWorks | Unknown |
People
Richard Korhammer (Board Member)
Ashton Ryan (Board member)
Will Kohler (Board member)
Jim Counihan (Board member)
Justin Brownhill (Board member)
View more details about all 7 people at The Receivables Exchange
Competitors
SecondMarket:
Founded in 2004, SecondMarket is the largest centralized marketplace and auction platform for illiquid assets, such… See Company Profile »
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