Bill Pay Solution Cushion Closes $12 Million Series A To Grow Talent Roster
May 12, 2022•over 3 years ago
Amount Raised
$12 Million
Round Type
series a
Description
Cushion, a leader in bank and credit card fee negotiation, announced today that it has raised $12 million in Series A funding. The funding will enable Cushion to hire talent across product, engineering, data analytics, and marketing as it readies its bill pay solution for a general audience after months of beta testing. The already talented team includes former leaders from Twitter, Bill.com, Square and Credit Karma, as well as several PhDs working on the machine learning side of the product. The round was led by Rose Park Advisors, with participation from Flourish Ventures, Vestigo Ventures, TSEF, Green Cow Venture Capital and CMFG Ventures Discovery Fund.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech