BlueVine Capital Brings In $130 Million

Financial technology company BlueVine Capital announced the close of $130 million in financing. Four investors contributed to the round: Silicon Valley Bank, SunTrust Bank, TriplePoint Capital, and Bank Leumi.

BlueVine’s miFinancial technology company BlueVine Capital announced the close of $130 million in financing. Four investors contributed to the round: Silicon Valley Bank, SunTrust Bank, TriplePoint Capital, and Bank Leumi.

BlueVine’s mission is to help business owners succeed and thrive by making sure they have convenient access to capital for their everyday funding needs. Since its start in 2013, the company has funded more than $500 million in working capital through its online platform. The company’s invoice factoring product allows businesses to receive cash advances on their outstanding invoices, offering credit lines of up to $2.5 million.
BlueVine has recently rolled out a 12-month business line of credit based on monthly payments to make it easier for users to meet everyday funding needs.
ssion is to help business owners succeed and thrive by making sure they have convenient access to capital for their everyday funding needs. Since its start in 2013, the company has funded more than $500 million in working capital through its online platform. The company’s invoice factoring product allows businesses to receive cash advances on their outstanding invoices, offering credit lines of up to $2.5 million.
BlueVine has recently rolled out a 12-month business line of credit based on monthly payments to make it easier for users to meet everyday funding needs.