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Checkbook Secures $10M In Series A Financing Led By Massmutual Ventures

Nov 01, 2021•almost 4 years ago

Amount Raised

$10 Million

Round Type

series a

San Mateo

Description

Checkbook Inc. today announced that it has closed $10 million in Series A funding led by MassMutual Ventures. IA Capital, JPMorgan Chase and Cross River Digital Ventures are also participating in the round along with previous other investors.

Company Information

Company

Checkbook

Location

San Mateo, California, United States

About

Checkbook is building a highly efficient Digital Payment system focused on sending/disbursing payments. It eliminates paper checks completely while increasing efficiency and security by providing a choice of settlement rails and seamless recipient experience. Based in San Mateo, CA, Checkbook was founded in 2015 by former VISA Chief Network Architect PJ Gupta and is funded by multiple VCs and individual investors including Tim Draper, Rocketship.vc and others.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech