What is Resolve?
Founded in 2017 and based in San Francisco, California, Resolve offers a B2B payments solution tailored for manufacturers, wholesalers, and distributors. The platform enables these businesses to extend automated net payment terms to their customers. By facilitating immediate payment to sellers, Resolve effectively eliminates the risk and complexity associated with managing traditional credit decisions and removes accounts receivable burdens for merchants. This capability allows sellers to enhance their B2B eCommerce offerings and pursue significant business expansion, particularly as an estimated $1.8 trillion of B2B trade shifts online.
How much funding has Resolve raised?
Resolve has raised a total of $85M across 2 funding rounds:
Unspecified
$60M
Unspecified
$25M
Unspecified (2021): $60M with participation from Clocktower Ventures, KSD Capital, Commerce Ventures, Initialized Capital, and Haystack VC
Unspecified (2021): $25M led by Ksd Capital, Initialized Capital, Commerce Ventures, Insight Partners, Clocktower Group, and Haystack Management
Key Investors in Resolve
Ksd Capital
KSD Capital is a bank advisory and financial services firm that connects community banks with access to profitable loan pools of small business loans from online lending platforms. They leverage extensive experience in community banking and digital lending to help clients achieve sustainable yields.
Initialized Capital
Initialized Capital is a venture capital firm dedicated to supporting seed stage founders across various sectors including enterprise SaaS, sustainability, health, hard tech, artificial intelligence, infrastructure, consumer, and crypto. They focus on providing tools and guidance for entrepreneurs from the early stages to long-term success.
Commerce Ventures
Commerce Ventures is an investment firm that partners with entrepreneurs to build the infrastructure for future industries in retail and financial services, focusing on sectors such as retail tech, payment tech, insurance tech, and banking tech. They help businesses find customers, distribution partners, and key executives through a sector-specific network.
What's next for Resolve?
With substantial backing and a clear market need for streamlined B2B payment solutions, Resolve is strategically positioned for accelerated growth. The recent major strategic investment signals confidence from investors in the company's model for automating net payment terms and reducing accounts receivable for businesses. This capital infusion is likely to fuel further product development, expansion into new market segments, and enhancement of its sales and marketing efforts to capture a larger share of the rapidly digitizing B2B trade landscape.
See full Resolve company page
