Anchor, a US-based fintech start-up operating an autonomous billing and collections platform, has raised $20 million in a Series A funding round spearheaded by Mosaic General Partnership and Zeev Ventures founding partner Oren Zeev. Anchor raises $20m in Series A roundThe round was supported by Entrée Capital and Tal Ventures alongside new investors including Tien Tzuo, founder and CEO of Zuora, former NBA all-star Andre Iguodala, and Adobe board member Amy Banse, who will also be joining Anchor’s board. Anchor exited stealth in 2021 with a $15 million seed funding round led by Rapyd Ventures.The start-up’s platform has been built to automate the accounts receivable process for US professional service businesses such as accounting, bookkeeping, and tax firms. Its offering consolidates tools for managing proposals, agreements, invoicing, billing, and payments.Claiming to have achieved over 500% growth in 2024, Anchor says it will use its new funding to “double its workforce in the next year, accelerate its US market presence, and deepen strategic partnerships”.Current collaborations include an ongoing partnership with the California Society of Certified Public Accountants (CalCPA), whose members Anchor has provided its platform to since 2022.
Gio. Feb 6th, 2025
