What is Sprinque?
Founded in 2021, Sprinque provides a sophisticated digital checkout infrastructure designed to replicate the seamless experience of consumer e-commerce within the B2B landscape. The company's SaaS platform simplifies complex business transactions by offering a single integration point that supports diverse payment terms, including net 30, 60, and 90-day options, as well as split payments and milestone-based billing. By addressing the inherent friction in traditional B2B procurement, Sprinque enables merchants to offer flexible payment terms without assuming the associated credit risk, thereby driving higher conversion rates and operational efficiency for its enterprise clients.
How much funding has Sprinque raised?
Sprinque has raised a total of $29.7M across 3 funding rounds:
Unspecified
$2M
Angel/Seed
$6.4M
Debt
$21.3M
Unspecified (2021): $2M with participation from Volta Ventures and Force Over Mass
Angel/Seed (2023): $6.4M led by Connect Ventures and Kraken Ventures
Debt (2023): $21.3M supported by Avellina Capital
Key Investors in Sprinque
Volta Ventures
Volta Ventures is a venture capital firm focused on seed and early-stage investments in enterprise software startups within the Benelux region, specializing in B2B SaaS companies.
Force Over Mass
Force Over Mass is a venture capital firm that focuses on backing contrarian founders and early-stage businesses, leveraging technology to support their growth.
Connect Ventures
Connect Ventures is a London-based firm that focuses on investing in pre-seed and seed stage product companies, known for its entrepreneur-friendly approach.
What's next for Sprinque?
With the infusion of $21.3M, Sprinque is poised to accelerate its product development roadmap and deepen its market penetration. The strategic focus will likely center on scaling its infrastructure to support larger enterprise volumes and potentially expanding its geographic reach. As the B2B sector continues its digital transformation, Sprinque's ability to provide flexible, automated payment terms will be a key differentiator. The company is expected to leverage this capital to refine its risk assessment algorithms and enhance its integration capabilities, ensuring that it remains at the forefront of the evolving fintech ecosystem.
See full Sprinque company page