eFactor Network - About the company
eFactor Network is a series A company based in Monterrey (Mexico), founded in 2009 by Hector De La Garza. It operates as an Online marketplace for invoice financing. eFactor Network has raised $10M in funding from IFC and Dalus Capital. The company has 492 active competitors, including 136 funded and 45 that have exited. Its top competitors include companies like Ebury, Taulia and CapBay.
Company Details
eFactor Network is an online marketplace for invoice financing. It networks suppliers, buyers, and funders and allows suppliers to receive invoice financing for working capital. It facilitates electronic factoring finance services, compliance management & auditing, electronic transactions, multi-currency funding, and more.
- Website
- www.efactornetwork.com/
- Email ID
- *****@efactornetwork.com
- Phone Number
- +52 **********
Key Metrics
Founded Year
2009
Location
Monterrey, Mexico
Stage
Series A
Total Funding
$10M in 1 round
Latest Funding Round
Ranked
95th among 492 active competitors
Employee Count
73 as on Jul 31, 2026
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eFactor Network's funding and investors
eFactor Network has raised a total funding of $10M over 1 round. Its latest funding round was a Series A round on Jun 07, 2018 for $*****. 2 investors participated in its latest round. eFactor Network has 2 institutional investors.
Here is the list of recent funding rounds of eFactor Network:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 07, 2018 | 3315779 | Series A | 2162285 | 2431060 | 7246178 | 7925964 |
View details of eFactor Network's funding rounds and investors
eFactor Network's founders and board of directors
Founder? Claim ProfileThe founders of eFactor Network is Hector De La Garza. Hector De La Garza is the CEO of eFactor Network.
Here are the details of eFactor Network's key team members:
- Hector De La Garza: Founder & CEO of eFactor Network. Contact Info: 1 email address
View details of eFactor Network's Founder profiles and Board Members
eFactor Network's employee count trend
eFactor Network has 73 employees as of Jul 26. Here is eFactor Network's employee count trend over the years:
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eFactor Network's Competitors and alternates
Top competitors of eFactor Network include Ebury, Taulia and CapBay. Here is the list of Top 10 competitors of eFactor Network, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ebury 2009, London (United Kingdom), Acquired | Provider of global payment solutions, currency risk management, and business lending | $374M | 79/100 | |
2nd | Taulia 2009, San Francisco (United States), Acquired | AI-based electronic invoicing and supply chain management solution for businesses | $220M | 73/100 | |
3rd | Provider of AI-based P2P marketplace for supply chain financing solutions | $27.5M | 67/100 | ||
4th | Lianyirong Digital Technology Group 2016, Shenzhen (China), Public | Provider of an online marketplace for invoice financing | $265M | 64/100 | |
5th | LSQ 1996, Orlando (United States), Acquired | Online marketplace for trade financing | $130M | 63/100 | |
6th | First Circle 2016, Taguig (Philippines), Series B | Online platform for trade financing | $37.1M | 61/100 | |
7th | Provider of supply chain digitization by ERP systems with embedded financing | $55.8M | 60/100 | ||
8th | Provider of working capital solutions and supply chain finance programs | $49.2M | 59/100 | ||
9th | Mynd Fintech 2002, Gurugram (India), Series A | Online marketplace for supply chain financing | $16.3M | 59/100 | |
10th | Candex 2011, San Francisco (United States), Series C | Online platform for invoice financing | $120M | 59/100 | |
95th | eFactor Network 2009, Monterrey (Mexico), Series A | Online marketplace for invoice financing | $10M | 38/100 |
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eFactor Network's Investments and acquisitions
eFactor Network has made no investments or acquisitions yet.
Reports related to eFactor Network
Here is the latest report on eFactor Network's sector:
News related to eFactor Network
•
eFactor Network and PrimeRevenue Expanding Access to Finance for Agribusiness Companies in Latin AmericaMetro Atlanta CEO•Jul 11, 2022•eFactor Network, PrimeRevenue
•
PrimeRevenue, eFactor Team on Supply Chain FinancingPYMNTS.com•Jun 28, 2022•eFactor Network, PrimeRevenue
•
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