How much funding has Balanced raised?

Balanced has raised $1.4M in total funding, most recently a Seed round.

Who are Balanced's investors?

Balanced's investors include SV Angel, Base Partners, Fabrice Grinda, Y Combinator Continuity Fund.

What industry is Balanced in?

Balanced operates in Fintech, Marketplace, Payments.

Balanced

Closed

Fintech

Marketplace

Payments

YC W11

Employees: 11–50
Business Model: B2B2C
Website: balancedpayments.com

Total Funding: $1.4M
Last Round: $1.4M SeedNov 2012
Rounds: 1

About

Balanced was a payments infrastructure company for online marketplaces, enabling platforms to facilitate transactions between buyers and sellers. Backed by Y Combinator, the company positioned payments as core infrastructure for growing the global economy, drawing parallels to communications, transportation, and energy infrastructure. Balanced shut down its payment platform in March 2015 after struggling to scale, striking a transition deal that migrated its marketplace customers to rival processor Stripe.

Summary

Balanced is a Fintech company. It has raised $1.4M in total across 1 round, most recently a $1.4M Seed round in Nov 2012. Investors include SV Angel, Base Partners and Fabrice Grinda.