What is SMBX?
SMBX operates as the world's first marketplace dedicated to the issuance and purchase of small business bonds. The platform empowers individual investors to earn monthly principal and interest payments while simultaneously supporting the growth and expansion of small businesses. By bridging the gap between capital seekers and providers, SMBX aims to democratize access to financing for small enterprises and offer alternative investment opportunities for individuals.
How much funding has SMBX raised?
SMBX has raised a total of $13.5M across 1 funding round:
Angel/Seed
$13.5M
Angel/Seed (2021): $13.5M with participation from Impact America Fund, Unpopular Ventures, Better Ventures, and Group 11
Key Investors in SMBX
Impact America Fund
Impact America Fund is an investment firm focused on empowering people of color within the American economy, supporting entrepreneurs from overlooked communities with a deep understanding of their challenges.
Unpopular Ventures
Unpopular Ventures is an investment firm that identifies and invests in exceptional, often overlooked companies, believing extraordinary results come from pursuing unique opportunities in the startup ecosystem.
Better Ventures
Better Ventures is an investment firm that focuses on identifying and investing in exceptional companies that are often overlooked. They believe in the philosophy that extraordinary results come from pursuing unique opportunities in the startup ecosystem.
What's next for SMBX?
The substantial enterprise-level funding SMBX has garnered positions it for significant scaling and market penetration. This strategic backing is expected to fuel the expansion of its marketplace capabilities, enhance its technological infrastructure, and broaden its reach to more small businesses and investors. The company's focus on providing a unique financing instrument suggests a trajectory towards becoming a dominant player in the alternative debt market for small and medium-sized enterprises.
See full SMBX company page
