Hum Capital is a funding platform that connects companies with investors and financiers, making it easier to secure funding. By analysing a company’s financial performance through automated tools, the platform recommends investment opportunities to capital providers.
Problem
- Lack of access to capital: High-growth companies often face challenges securing capital through traditional methods like banks, which involve lengthy paperwork and time-consuming processes.
- Limited funding options: These companies are sometimes left with limited options, such as dilutive equity or costly debt, to fund their expansion.
Solution
- Efficient funding: Hum Capital simplifies the funding process by providing access to funding such as working capital loans through a data-driven approach.
- Data integration: By integrating with platforms like Stripe and Shopify, the company analyses data to evaluate a business’ creditworthiness. This allows them to provide loans directly to high-growth companies and offer their credit assessment technology as a white-label solution to financial institutions.
- Investor tools: For investors, the platform provides real-time portfolio management data and due diligence tools, enhancing the investment process.
Media Links
Type
BFSI
Focus Area
Enterprise and Sustainability
Capital Raised (US$)
51M to 100M
Operational HQ
United States
SECTOR
Big Data & Analytics, FinTech, and Online Platform
status
Current
founders
Csaba Konkoly, Blair Silverberg
partnered
2019
exited
You may be interested in...
