How much funding has Bespoke Financial raised?

Bespoke Financial has raised $8.0M in total funding, most recently a Series A round.

Who are Bespoke Financial's investors?

Bespoke Financial's investors include Casa Verde Capital, Sweat Equity Ventures.

When was Bespoke Financial founded?

Bespoke Financial was founded in 2018.

Where is Bespoke Financial headquartered?

Bespoke Financial is headquartered in Los Angeles, California, United States.

What industry is Bespoke Financial in?

Bespoke Financial operates in Fintech.

How many employees does Bespoke Financial have?

Bespoke Financial has 11-50 employees.

Bespoke Financial

The first fintech lender built for the cannabis industry

Los Angeles, United States · Founded 2018 · $8.0M raised

Fintech

Headquarters: Los Angeles, California
Employees: 11–50
Founded: 2018
Business Model: B2B

Website: bespokefinancial.com
Total Funding: $8.0M
Last Round: $8.0M Series AApr 2021
Rounds: 1

About

Bespoke Financial is the nation's first fintech lender exclusively focused on the cannabis industry, headquartered in Los Angeles, California. Founded in 2018 by George Mancheril and Benjamin (co-founder), the company provides non-dilutive, scalable working capital solutions — including lines of credit and other flexible financing products — to licensed cannabis and hemp businesses across 14 US states, covering approximately 80% of the US cannabis market. Bespoke Financial operates similarly to Square Capital for small businesses or Affirm for consumers, but purpose-built for the regulatory complexities of cannabis lending. In December 2021, the company closed a $125 million credit facility to expand its lending capacity, having previously raised a $7 million seed round in 2019 and an $8 million Series A in April 2021. The company reported +420% YoY revenue growth as of mid-2021. Its website domain (bespokefinancial.com) has since been listed for sale, which may indicate a rebrand or operational change.

Summary

Bespoke Financial is a Fintech company based in Los Angeles, United States, founded in 2018. It has raised $8.0M in total across 1 round, most recently a $8.0M Series A round in Apr 2021. Investors include Casa Verde Capital and Sweat Equity Ventures.