Setpoint Technologies Inc.
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Setpoint Technologies Inc. - overview
Established
2021
Location
Austin, TX, US
Primary Industry
Software
About
Based in New York, US, and founded in 2021, Setpoint Technologies Inc. provides a financial technology platform for lenders and borrowers. In August 2024, Setpoint Technologies Inc. raised USD 31 million in series B funding led by returning investor 645 Ventures, with participation from new investors Citi, Wells Fargo, Floating Point, Outrunner Capital, and Eltura Capital Management.
Other returning investors Andreessen Horowitz, NextView Ventures, 75 & Sunny, Vesta Ventures, and Fifth Wall Ventures also participated in the round. Additionally, it provides services including facility management, cash offer approval, valuation management, and a funding tracker. Furthermore, the firm technology can be used in the following cases such as power buying, iBuyer, home equity, rent-to-own, single-family rental, fractional ownership, and many more. The company plans to use the August 2024 funding to expand its research and development sector, with a focus on expanding its engineering and data science teams.
Current Investors
Andreessen Horowitz, NextView Ventures, Capital Factory
Primary Industry
Software
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.setpoint.io
Verticals
Cloud Computing, FinTech
Company Stage
Series B
Total Amount Raised
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