When was Setscale founded?

Setscale was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Setscale located?

Setscale is headquartered in New York, United States.

Who is the current CEO of Setscale?

Daniel Fine of Setscale. They have also founded 1 company.

How many employees does Setscale have?

As of Apr 30, 2026, the latest employee count at Setscale is 2.

Is Setscale a funded company?

Setscale is a funded company, having raised a total of $19.3M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 07, 2022.

When was the latest funding round of Setscale?

Setscale's latest funding was a $***** Conventional Debt round on May 04, 2023, with participation from 0 investor. Its primary sector is Alternative Lending. In United States, the Alternative Lending sector has seen $1.79B in funding in 2026 to date.

Where does Setscale rank among its competitors?

Setscale ranks 1st amongst 3 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Setscale, which secured $70M in May, 2023.

Who are the top competitors of Setscale?

Setscale's top competitors include TradeCap Partners, TradeRiver USA and Working Credit. Among them, Setscale secured the most recent funding round in May, 2023.

Setscale - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online platform offering purchase order financing loans for businesses. It allows a completely online solution for businesses to open accounts, onboard digitally, share the business history and transactions, show purchase orders, apply for funding, and get funded online once the approval is done.

Website: www.setscale.com
Email ID: *****@setscale.com

Key Metrics

Founded Year

2021

Location

New York, United States

Stage

Seed

Total Funding

$19.3M in 4 rounds

Latest Funding Round

Conventional Debt, May 04, 2023, $*****

Investors

Great Oaks Venture Capital & 6 more

Ranked

1^st among 3 active competitors

Employee Count

2 as on Apr 30, 2026

Similar Companies

SeQura & 13 more

View Setscale's full profile

Setscale is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SETSCALE, INC. CIN: 6725206 , United States, Active	Feb 06, 2023	-	-	-

Setscale has raised a total funding of $19.3M over 4 rounds. Its first funding round was on Apr 07, 2022. Setscale has 7 institutional investors.

Here is the list of recent funding rounds of Setscale:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 04, 2023	8388613	Conventional Debt	8015249	2335686	9797538	5547024
May 04, 2023	5040348	Seed	4572709	8836896	5050343	2216004
Dec 28, 2022	9160195	Seed	7045766	3057432	8218337	3358149

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View details of Setscale's funding rounds and investors

The founders of Setscale is Daniel Fine. Daniel Fine is the CEO of Setscale.

Here are the details of Setscale's key team members:

Daniel Fine: Founder & CEO of Setscale and founder of 1 other company.

View details of Setscale's Founder profiles and Board Members

Setscale's employee count trend

Setscale has 2 employees as of Apr 26. Here is Setscale's employee count trend over the years:

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Top competitors of Setscale include TradeCap Partners, TradeRiver USA and Working Credit. Here is the list of Top 10 competitors of Setscale, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Setscale 2021, New York (United States), Seed	Online platform offering purchase order financing loans for businesses	$19.3M	Flucas Ventures, Ethos & 5 others	42/100
2nd	TradeCap Partners 2017, Dallas (United States), Funding Raised	Online platform for purchase order financing	-	-	22/100
3rd	TradeRiver USA 2010, Baltimore (United States), Seed	Trade finance platform bridging cash flow gaps and accelerating client growth	$500K	-	20/100
4th	Working Credit 2003, Miami (United States), Deadpooled	Online platform for purchase order financing	-	-	15/100
5th	Youlayaway 2009, New York City (United States), Deadpooled	Online marketplace offering multi-category products on purchase finance	-	-	14/100
6th	Pago Online Payment 2016, San Diego (United States), Deadpooled	Driving social and financial inclusion through technology and sustainable solutions	-	-	14/100