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, with a current valuation of $*****. The company has 718 active competitors, including 66 funded and 91 that have exited. Its top competitors include companies like Fiserv, Comviva and Alkami.
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
Post Money Valuation
$***** as on Nov 13, 2021
Investors
Ranked
31st among 718 active competitors
Employee Count
84 as on Jul 31, 2026
Sign up to download Oxygen's company profile
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:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 03, 2023 | 5203309 | Series B | 7939770 | 8108814 | 6403790 | 8151669 |
Nov 10, 2021 | 4747044 | Series A | 9434899 | 9571266 | 4530493 | 6478475 |
Jan 04, 2021 | 3395607 | Series A | 1795641 | 6367220 |
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 26. Here is Oxygen's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Oxygen's Competitors and alternates
Top competitors of Oxygen include Fiserv, Comviva and Alkami. Here is the list of Top 10 competitors of Oxygen, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
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 | - | 79/100 | |
2nd | Developer of platforms for digital payments, marketing, and business operations | $13.5M | 77/100 | ||
3rd | Alkami 2009, Plano (United States), Public | Platform offering digital banking software suite for banks and credit unions | $408M | 72/100 | |
4th | FintechOS 2017, London (United Kingdom), Series B | Provider of AI-based software suite for the banking and insurance industry | $174M | 68/100 | |
5th | Jack Henry 1976, Monett (United States), Public | Provider of technology solutions and services for financial institutions and businesses | - | 68/100 | |
6th | Provider of loan and cash management solutions for banks and financial institutions | - | 68/100 | ||
7th | NCR 1884, Atlanta (United States), Public | Banking software suite for banks and financial institutions | $820M | 65/100 | |
8th | Bairong Yunchuang 2014, Chaoyang (China), Public | Risk management and marketing solutions for the financial services industry | $267M | 62/100 | |
9th | Nigeria Inter-Bank Settlement System 1993, Lagos (Nigeria), Unfunded | Provider of software solutions for banking management | - | - | 61/100 |
10th | Icon Solutions 2009, London (United Kingdom), Series A | Provider of payment solutions, consulting, architecture, data, and AI services | - | 60/100 | |
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
•
Fintech Platform Oxygen to Prioritize Compliance, Transparency, Client Experience with Key AppointmentsCrowdfund Insider•Oct 08, 2023•Oxygen
•
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
•
•
Oxygen, a neobank for freelancers and small businesses, in talks to raise funds at over $500 million valuationTechCrunch+•Nov 13, 2021•Oxygen, Tribe Capital
•
•
Oxygen Named ‘Best Overall Fintech App’ in 2021 FinTech Breakthrough AwardsBusiness Wire•Mar 16, 2021•Oxygen
•
Oxygen and Fundera Partner for Fast Distribution of Second-Round Paycheck Protection Program LoansBusiness Wire•Jan 26, 2021•Oxygen, Fundera
•
Oxygen: Closes $17 Million Series A Round Of FundingFintechinshorts•Jan 07, 2021•Oxygen, Runa Capital, S7 Ventures, 1984 Ventures and 1 other
•
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
•
Are you a Founder ?
FAQs about Oxygen
Explore our recently published companies