Balanced - About the company
Balanced is a deadpooled company based in San Francisco (United States), founded in 2010 by Mahmoud Abdelkader, Jareau Wade and Matin Tamizi. It operates as an Online crowdfunding platform. Balanced has raised $4.35M in funding. The company has 287 active competitors, including 33 funded and 61 that have exited. Its top competitors include companies like Monavate, FSS and Elavon.
Company Details
Online crowdfunding platform. It provides a platform for integrated API that allows marketplaces to charge cards, escrow funds, deposit the next day via ACH direct, and collect their own marketplace fees. It provides a platform that is designed especially for peer-to-peer marketplace companies like CrowdTilt, Zaarly, and others.
- Website
- balancedpayments.com
Key Metrics
Founded Year
2010
Location
San Francisco, United States
Stage
Deadpooled
Total Funding
$4.35M in 5 rounds
Latest Funding Round
Investors
Ranked
61st among 287 active competitors
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Balanced's funding and investors
Balanced has raised a total funding of $4.35M over 5 rounds. Its first funding round was on Feb 08, 2011. Its latest funding round was a Seed round on 2014 for $*****. 1 investor participated in its latest round. Balanced has 9 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Balanced:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2014 | 3422 | Seed | 1158 | 3705 | 2740 | 7568 |
Apr 02, 2013 | 2852646 | Seed | 7007400 | 2489642 | 2670235 | |
Feb 21, 2013 | 2314479 | Seed | 7277483 | 7626256 | 3499319 |
View details of Balanced's funding rounds and investors
Balanced's founders and board of directors
Founder? Claim ProfileHere are the details of Balanced's key team members:
- Mahmoud Abdelkader: Co-Founder & CTO of Balanced and founder of 1 other company. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Jareau Wade: Co-Founder of Balanced.
- Matin Tamizi: Co-Founder & CEO of Balanced.
View details of Balanced's Founder profiles and Board Members
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Balanced's Competitors and alternates
Top competitors of Balanced include Monavate, FSS and Elavon. Here is the list of Top 10 competitors of Balanced, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Monavate 2019, Cambridge (United Kingdom), Acquired | Online payment and issuer processing solution for businesses | $6.89M | - | 64/100 |
2nd | Developer of digital payment technology solutions and software platforms | $127M | 64/100 | ||
3rd | Elavon 1991, Atlanta (United States), Acquired | Global payment processing solutions for businesses of all sizes and industries | - | - | 63/100 |
4th | Banking channels and issuer processing solutions | $8.62M | - | 62/100 | |
5th | Heartland Payment Systems 1997, Princeton (United States), Acquired | Payment processing, POS and Gift Card services | $40M | 62/100 | |
6th | CPI Card Group 1995, Littleton (United States), Public | Payment card and issuer processing solutions | - | 61/100 | |
7th | Provider of open banking API solutions | $74.2M | 61/100 | ||
8th | i2c 2001, Redwood City (United States), Unfunded | Provider of issuer processing, fraud risk management, and core banking services | - | - | 61/100 |
9th | Silverflow 2019, Amsterdam (Netherlands), Series B | Issuer processor providing payment processing solution for businesses | $76.4M | 60/100 | |
10th | Conferma 2004, Cheadle (United Kingdom), Unfunded | Provider of virtual card and payment solutions for business transactions | - | - | 60/100 |
61st | Balanced 2010, San Francisco (United States), Deadpooled | Online crowdfunding platform | $4.35M | 37/100 |
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Balanced's Investments and acquisitions
Balanced has made no investments or acquisitions yet.
Reports related to Balanced
Here is the latest report on Balanced's sector:
News related to Balanced
•
Balanced To Close Its Payment Platform, Strikes Transition Deal With Rival StripeTechCrunch+•Mar 14, 2018•Balanced
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