Bespoke Financial

Bespoke Financial is a fintech company in Los Angeles, United States, founded in 2018. It has raised $8.0M across 1 round, most recently an $8.0M Series A in April 2021.

The first fintech lender built for the cannabis industry

Employees
11–50
Founded
2018
Business Model
B2B
Total Funding
$8.0M
Last Round
$8.0M Series AApr 2021
Rounds
1

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

Indexed holds 1 funding round and 2 investors for this company. The full record is or through the API.

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

It lists 11–50 employees. 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.

Funding History

Data from Indexed.vcUpdated
Debt FinancingDebt FinancingDec 2021
$125.0M

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

Investors

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