What is Square?
Founded in 2009 and headquartered in San Francisco, Square has fundamentally transformed the point-of-sale experience for small and medium-sized businesses. By integrating hardware solutions with sophisticated software, the company provides a seamless ecosystem for payment processing, inventory management, and financial services. Its market position is defined by its ability to bridge the gap between physical retail and digital transaction processing, effectively democratizing access to sophisticated financial tools that were previously reserved for large-scale enterprises.
How much funding has Square raised?
Square has raised a total of $2.9B across 9 funding rounds:
Series B
$31.8M
Series C
$103M
Series D
$200M
Series E
$150M
Stock Offering
$245.7M
Debt
$400M
Debt
$750M
Debt
$1B
Series B (2011): $31.8M led by Steamboat Ventures and Khosla Ventures
Series C (2011): $103M supported by Tiger Management and Kleiner Perkins
Series D (2012): $200M featuring Citi Ventures, Rizvi Traverse Management, and Starbucks Coffee Company
Series E (2014): $150M backed by Goldman Sachs, Rizvi Traverse Management, and Government of Singapore Investment Corporation
Stock Issuance/Offering (2015): $245.7M with participation from Deutsche Bank Securities, Morgan Stanley, Jefferies LLC, Barclays Capital, JP Morgan Securities, SMBC Nikko Securities, RBC Capital Markets, Stifel, Nicolaus & Company, LOYAL3 Securities, and Goldman Sachs
Debt (2017): $400M led by Undisclosed
Debt (2018): $750M supported by Undisclosed
Debt (2020): $1B featuring Undisclosed
Key Investors in Square
Khosla Ventures
A prominent venture capital firm providing strategic advice and capital to entrepreneurs working on breakthrough technologies across fintech, AI, and enterprise sectors.
Goldman Sachs
A leading global investment banking and securities firm that provides comprehensive financial services, including underwriting and strategic advisory for major capital market transactions.
Kleiner Perkins
A Menlo Park-based venture capital firm that supports early and growth-stage technology companies with operational expertise and capital from seed through to public offering.
What's next for Square?
Looking ahead, Square is positioned to leverage its significant capital reserves to deepen its penetration into the broader financial services sector. With a history of strategic investment from top-tier institutions, the company is well-equipped to pursue aggressive product innovation, particularly in the realms of integrated banking, lending, and cross-border payment solutions. As the firm continues to evolve, its focus will likely remain on enhancing the interoperability of its platform, ensuring that its enterprise-grade tools remain accessible and scalable for a diverse global client base.
See full Square company page
