Become Raises $12.5 Million in Series A Funding!

Become Raises $12.5 Million in Series A Funding!

Reading Time: 3 minutes(Last Updated On: October 31, 2019)

Nothing compares to that feeling when someone believes in and supports your business.


We are over the moon to share with you (if you haven’t already read it in TechCrunch), that Become has raised a Series A funding round led by Benson Oak and Magenta Venture Partners. We’ve got our hearts and heads set on revolutionizing the business lending arena, and we’re so grateful to have their support in this journey.


The ‘Expedia’ for business loans


We’ve put our blood, sweat and funds into pioneering a new Business Lending Marketplace – putting our business customers first. Our marketplace is based on technology, transparency and trust.


Become’s marketplace allows multiple lenders to extend tailored funding offers to businesses.


The platform presents funding offers in a clean, clear and easy-to-use interface – giving businesses the power to compare and choose the best funding option for them. Think of it as the Expedia for business loans. But instead of comparing hotel prices, cleanliness and facilities, you’re comparing business funding products, rates, terms and lenders.


Your Offers Page


As well as using our free marketplace, each business also receives a LendingScore™ – a measure of their ‘fundability’ so to speak. LendingScore™ helps businesses understand how lenders view their application and highlights the areas they need to improve to qualify and/or get better funding options and terms.


We whole-heartedly believe in this combined product; a marketplace and measure of fundability. With the closing of this A round, we plan to use the funds to expand and more importantly, add new features and developments to speed up and propel the business loan process into the future.


Putting our money where our mouth is


Just like any other small-to-medium business (SMB), we too need funding to grow. 


It’s when your business is in a good place, that it’s a good idea to start looking into funding options. Whether you want to broaden your products or services (like us), expand internationally, grow your team or increase your sales, a business loan for growth finance can help you achieve your aspirations.


Make sure to plan well in advance so that your business is in good standing, ensuring that you have enough cash to cover expenses, and giving you the breathing room you need to scale your business to the next level – and become more!


Dream big, become more


We’re so excited to be paving the way for a new category of business financial services. More  and more businesses are realizing that they have the power to choose the right business funding option for them. The long and tedious bank solutions just aren’t cutting it anymore, and with so many lenders in the lending space, businesses don’t know where to turn first. No one wants to sift through and apply to hundreds of lenders to find their best option.


Together, as we continue to form new partnerships and team up with new investors, we’re working towards our mission – to transform the business funding industry by helping businesses improve their funding options to unlock their full potential.


Last but not least, a big thanks to YOU for sticking with us on this journey.


Looking forward to helping you become more,


Team Become

Disclaimer: The information contained in this article is provided for informational purposes only, should not be construed as legal advice on any subject matter and should not be relied upon as such. The author accepts no responsibility for any consequences whatsoever arising from the use of such information.