Settle
Settle helps e-commerce brands manage cash flow with net terms financing, a bill pay platform, and business banking. It lets brands pay suppliers on net 30–60 terms while Settle advances the cash immediately — solving the working capital gap that kills growing consumer brands. Used by hundreds of DTC brands on Shopify and Amazon.
- Location
- San Francisco, USA
- Raised
- $60M
- Stage
- Series B
- Founded
- 2019
- Category
- Fintech
- Funding
- VC-backed
- Team
- 50–100
Funding figures as of Jul 2025 · not independently verified
Founders of Settle
- Alek Koenig
- Alec McLean
Investors backing Settle
- Kleiner Perkins
- Caffeinated Capital
Frequently asked questions
What does Settle do?
Settle helps e-commerce brands manage cash flow with net terms financing, a bill pay platform, and business banking. It lets brands pay suppliers on net 30–60 terms while Settle advances the cash immediately — solving the working capital gap that kills growing consumer brands. Used by hundreds of DTC brands on Shopify and Amazon.
Where is Settle based?
Settle is based in San Francisco, USA.
When was Settle founded?
Settle was founded in 2019.
How much has Settle raised?
Settle has raised $60M in their Series B round as of Jul 2025.
Who founded Settle?
Settle was founded by Alek Koenig, Alec McLean.
Who has invested in Settle?
Settle is backed by Kleiner Perkins, Caffeinated Capital.
How Settle would pitch themselves
○ Auto-generated01Target customer
E-commerce brands — the core audience Settle's product is built around.
02Problem they solve
Settle helps e-commerce brands manage cash flow with net terms financing, a bill pay platform, and business banking. It lets brands pay suppliers on net 30–60 terms while Settle advances the cash immediately — solving t… The category has historically been served by tools that miss the modern workflow this product is built around.
03Key differentiator
Settle differentiates on cash flow management and financing for e-commerce brands. Backed by Kleiner Perkins + Caffeinated Capital, $60M raised — the company has resources + validation to compound this thesis. Founded by Alek Koenig + team.
04Go-to-market strategy
Growth-stage GTM — multi-channel revenue motion (direct enterprise sales, channel partnerships, marketplace listings). Vertical specialisation + verticalised AE teams targeting enterprise + mid-market.