About

Founded

2019

Headquarters

Tel Aviv, Israel

Industry

Fintech

Company Description

Market-leading merchants and marketplaces use Balance’s B2B software and APIs to accept business payments, extend trade credit, and manage their full business transaction lifecycle.

Quick Links

Website Jobs

Funding

Total Raised

$431 million

Valuation

Undisclosed

Significant Investors

Ribbit Capital, Forerunner Ventures, Salesforce Ventures, HubSpot Ventures, Lyra Ventures, Gramercy Ventures, Lightspeed Venture Partners, Avid Ventures, Upwest VC, Jibe Ventures, Stripe, Y Combinator, SciFi VC

Company Traction

In 2022, Balance reported an increase in total volume processed by 60x (502%), increased its customer base by 123%, increased financed transaction value by 407%, and increased the number of distinct buyers purchasing from Balance customers by 266%.

Leadership Team

Bar Geron: Co-Founder & CEO of Balance. Former Co-Founder & CEO of Q.AI.

Yoni Shuster: Co-Founder & CTO of Balance. Former Co-Founder & CTO of Q.AI.

Nir Gazit: VP of Product at Balance. Former VP of Engineering and Product at Notch.

Kim Loftis: VP of Customer Growth at Balance. Former VP of Global Customer Experience at Marqeta.

Yoav Caspi: VP of Marketing & Operations at Balance. Former VP of Commercialization at Specta.AI.

Press

Pymnts (January 30, 2023): BigCommerce and Balance Team to Simplify B2B eCommerce

TechCrunch (July 26, 2022): Balance raises $56M to tip the one-click checkout scales in favor of B2B merchants

Balance