How Much Did Sprinque Raise?
Funding & Key Investors

Sprinque, a prominent player in the B2B fintech sector, has successfully secured a total of $29.7M in capital to date. This trajectory of financial backing underscores the market's confidence in the company's mission to modernize business-to-business transactions. Most recently, the firm finalized a major strategic investment of $21.3M, a move that positions the Amsterdam-based startup to further scale its digital checkout infrastructure and expand its footprint across the European market.

The company's growth trajectory, marked by a series of funding rounds starting in 2021, reflects a robust demand for frictionless payment solutions in the enterprise space. By securing this latest round of financing, Sprinque is well-equipped to enhance its product offerings and solidify its role as a critical enabler of modern digital commerce.

What is Sprinque?

Sprinque
SoftwareFinancial Software

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:

2021

Unspecified

$2M

2023

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.

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Frequently Asked Questions Regarding Sprinque Financial Insights

What are the most recent funding rounds that Sprinque has completed, and what were the funding rounds?
Sprinque has recently completed 3 funding rounds: Debt on Jun 6, 2023, Angel/Seed on Jan 17, 2023, Unspecified on Sep 13, 2021.
What is the total amount of funding Sprinque has raised to date?
Sprinque has raised a total of $29.7M in funding to date.
How many funding rounds has Sprinque completed?
Sprinque has completed 3 funding rounds.
How much funding did Sprinque raise in its most recent funding round?
Sprinque raised $21.3M in its most recent funding round.
Who are the lead investors in Sprinque's latest funding round?
The lead investor in Sprinque's latest funding round was Avellina Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Sprinque's history?
The largest funding round in Sprinque's history was $21.3M.
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