What is Tilled?
Tilled operates within the burgeoning fintech landscape, offering a comprehensive PayFac-as-a-Service solution. This B2B software empowers companies to not only streamline their payment processing but also to significantly improve their overall valuation. By enabling businesses to create an additional, recurring revenue stream, Tilled positions itself as a key enabler for investor returns and sustainable business growth. Established in 2019 and headquartered in Boulder, Colorado, Tilled is strategically focused on the SaaS and fintech markets, providing a robust platform for its clients.
How much funding has Tilled raised?
Tilled has raised a total of $35.5M across 4 funding rounds:
Series A
$11M
Other Financing Round
$11M
Other Financing Round
$12.5M
Private Equity
$1M
Series A (2021): $11M with participation from Peterson Ventures, Henry Ward, Abhinav Tiwari, Abstract Ventures, and Rebecca Lynn
Other Financing Round (2022): $11M led by Abstract Ventures, G Squared, and Peterson Ventures
Other Financing Round (2024): $12.5M supported by Canvas Ventures and UPC Capital Ventures
Private Equity (2026): $1M, investors not publicly disclosed
Key Investors in Tilled
Canvas Ventures
Canvas Ventures is a boutique firm for visionary builders, leading Series A investments in transformative companies. They focus on fintech, digital health, marketplaces, and logistics, employing a thesis-driven approach to identify fields ripe for disruption.
UPC Capital Ventures
UPC Capital Ventures, the Venture Capital Division of UPC Energy Group, invests in Energy Technology, Sustainability, SaaS, and Financial Technologies. They also provide management, accounting, and tax support to their portfolio companies.
Abstract Ventures
Abstract Ventures is a San Francisco-based venture capital firm managing $1.5 billion in assets, focusing on seed and early-stage companies across various sectors. They are known for their strong founder support and extensive network.
What's next for Tilled?
The recent major strategic investment in Tilled signals a pivotal moment for the company, likely indicating a phase of accelerated scaling and market expansion. With a focus on enhancing enterprise-level capabilities and solidifying its position as a leading PayFac-as-a-Service provider, Tilled is poised to further innovate within the B2B software and fintech sectors. Future developments may include expanding its service offerings, forging new strategic partnerships, and deepening its market penetration to capture a larger share of the growing payment facilitation market.
See full Tilled company page
