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§ Private Profile · Missoula, MT, USA
Small business finance platform providing grants, funding options, credit access, and finance tools for underserved small businesses.
Based in Missoula, Montana, Fundid was a financial technology company that connected underserved small businesses to grants, credit building tools, and alternative funding options. The digital platform featured a weekly updated grant database, business finance management tools, and a corporate credit card specifically designed for microenterprises with fewer than ten employees. To facilitate broader credit access, the company developed a proprietary underwriting model in partnership with Experian and secured $3.25 million in seed funding from lead investors including Nevcaut Ventures, The Artemis Fund, and Builders and Backers. Operating with fewer than 25 employees and generating under $5 million in annual revenue, the firm ultimately ceased all of its operations on April 1, 2024, citing rising interest rates and severe macroeconomic funding challenges. Fundid was originally founded in 2020 by founder and chief executive officer Stefanie Sample.
Fundid has raised $3.3M across 1 funding round.
Fundid has raised $3.3M in total across 1 funding round.
Fundid has raised $3.3M in total across 1 funding round.
Fundid's investors include Nevcaut Ventures, Builders and Backers, The Artemis Fund.
Fundid has raised $3.3M across 1 funding round. Most recently, it raised $3.3M Seed in May 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 4, 2022 | $3.3M Seed | Nevcaut Ventures | Builders And Backers, The Artemis Fund | Announced |