A

Achex

Closed

San Francisco, United States · Founded 1999 · $18.0M raised

Employees
1–10
Founded
1999
Business Model
B2B
Total Funding
$18.0M
Last Round
$13.0M Series BJan 2001
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Achex was a San Francisco, California-based online payments company founded in 1999 that aimed to enable simple and secure internet payments for buyers and sellers. The Achex service leveraged the internet and existing payment networks to transfer funds online in a convenient and highly secure manner, with an early focus on checking account transfers. Co-founded by Margaret Weichert and Michael Arrington (who later founded TechCrunch), the company was backed by RRE Ventures and Draper Fisher Jurvetson before being acquired by First Data Corporation in 2001.

Summary

Achex is a Fintech company based in San Francisco, United States, founded in 1999. It has raised $18.0M in total across 2 rounds, most recently a $13.0M Series B round in Jan 2001. Investors include RRE Ventures, DFJ and First Data Corporation.

Funding History

Series BSeries BJan 2001
$13.0M

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Funding: Series A through Series B. Amounts, valuations, and investors where available.

Investors

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