Oxygen - About the company
Oxygen is a series B company based in Princeton (United States), founded in 2018 by Hussein Ahmed. It operates as a Developer of a fintech platform offering financial products for businesses. Oxygen has raised $53.4M in funding from investors like 1984 Ventures, Y Combinator and Runa Capital. The company has 771 active competitors, including 73 funded and 95 that have exited. Its top competitors include companies like Fiserv, Comviva and Infibeam Avenues.
Company Details
Developer of a fintech platform offering financial products for businesses. The platform provided services to small businesses and entrepreneurs. It offered a core banking foundation and a customer acquisition model. The company is currently working on new initiatives.
- Website
- oxygen.us
- Email ID
- *****@vativis.com
Key Metrics
Founded Year
2018
Location
Princeton, United States
Stage
Series B
Total Funding
$53.4M in 6 rounds
Latest Funding Round
Investors
Ranked
31st among 771 active competitors
Employee Count
84 as on Jul 01, 2024
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Oxygen's funding and investors
Oxygen has raised a total funding of $53.4M over 6 rounds. Its first funding round was on 2018. Its latest funding round was a Series B round on Feb 03, 2023 for $*****. 10 investors participated in its latest round. Oxygen has 21 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of Oxygen:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 03, 2023 | 2966463 | Series B | 6501489 | 6049370 | 1207545 | 1043995 |
Nov 10, 2021 | 4392845 | Series A | 9543617 | 5840415 | 9264997 | 8466342 |
Jan 04, 2021 | 9049536 | Series A | 8360713 | 2494454 |
View details of Oxygen's funding rounds and investors
Oxygen's founders and board of directors
Founder? Claim ProfileThe founders of Oxygen is Hussein Ahmed.
Here are the details of Oxygen's key team members:
- Hussein Ahmed: Former Founder & CEO of Oxygen and founder of 3 other companies, Transpose, Bondeebo and KustomNote.
View details of Oxygen's Founder profiles and Board Members
Oxygen's employee count trend
Oxygen has 84 employees as of Jul 24. Here is Oxygen's employee count trend over the years:
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Oxygen's Competitors and alternates
Top competitors of Oxygen include Fiserv, Comviva and Infibeam Avenues. Here is the list of Top 10 competitors of Oxygen, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Fiserv 1984, Milwaukee (United States), Public | Provider of technology and services to the financial services industry | - | 77/100 | |
2nd | Developer of platforms for digital payments, marketing, and business operations | $13.5M | 77/100 | ||
3rd | Infibeam Avenues 2007, Gandhinagar (India), Public | Provider of digital payment solutions and enterprise software platforms globally | - | 72/100 | |
4th | Alkami 2009, Plano (United States), Public | Platform offering digital banking software suite for banks and credit unions | $408M | 72/100 | |
5th | Provider of loan and cash management solutions for banks and financial institutions | - | 70/100 | ||
6th | FintechOS 2017, London (United Kingdom), Series B | Provider of AI-based software suite for the banking and insurance industry | $146M | 68/100 | |
7th | NCR 1884, Atlanta (United States), Public | Banking software suite for banks and financial institutions | $820M | 66/100 | |
8th | Jack Henry 1976, Monett (United States), Public | Provider of technology solutions and services for financial institutions and businesses | - | 65/100 | |
9th | Provider of AI-powered platforms and APIs for financial services | $2.19M | 65/100 | ||
10th | Finastra 2017, London (United Kingdom), Funding Raised | Provider of financial software solutions for lending, payments, and universal banking | - | 63/100 | |
31st | Oxygen 2018, Princeton (United States), Series B | Developer of a fintech platform offering financial products for businesses | $53.4M | 52/100 |
Looking for more details on Oxygen's competitors? Click here to see the top ones
Oxygen's Investments and acquisitions
Oxygen has made no investments or acquisitions yet.
Reports related to Oxygen
Here is the latest report on Oxygen's sector:
News related to Oxygen
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Fintech Platform Oxygen to Prioritize Compliance, Transparency, Client Experience with Key AppointmentsCrowdfund Insider•Oct 08, 2023•Oxygen
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Oxygen Announces $20 Million Funding and Appointment of New CEO as Platform Doubles Down on GrowthFintech Finance•Feb 03, 2023•Oxygen, Y Combinator, 1984 Ventures, Possible Ventures and 5 others
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Oxygen Named ‘Best Overall Fintech App’ in 2021 FinTech Breakthrough AwardsBusiness Wire•Mar 16, 2021•Oxygen
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Oxygen and Fundera Partner for Fast Distribution of Second-Round Paycheck Protection Program LoansBusiness Wire•Jan 26, 2021•Oxygen, Fundera
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Oxygen: Closes $17 Million Series A Round Of FundingFintechinshorts•Jan 07, 2021•Oxygen, Runa Capital, S7 Ventures, 1984 Ventures and 1 other
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Oxygen Closes $17 Million Series A Funding Round To Build The Banking Platform For The 21st Century EconomyBusiness Wire•Jan 04, 2021•Oxygen, Runa Capital, 1984 Ventures, S7 Ventures and 9 others
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