Startups

Payments processing platform for small businesses.

Summary

Seedtable Score
  • 93
Locations
Company Size
  • 1001 to 5000 employees
Last Stage Round
  • Series D
Industry

Insights

This section hypothesizes why SumUp can be a $10 billion dollar company in 10 years, in 10 lines or less.


SumUp's strategic focus on supporting multiple payment methods, organic growth, financial service expansion, and exploration of new geographies, combined with a proactive approach to mergers and acquisitions, indicates a robust expansion strategy. Already valued at over $8.5 billion in 2022 and serving a customer base of around 4 million, SumUp shows significant potential for scaling up.

Total funding Amount

$2.4B

Fundraising History

  • Dec 11 '23 Series D
    $310M
  • Jun 01 '22 Unknown
    $310M
  • Mar 16 '21 Debt Financing
    $820M
  • Jul 16 '19 Debt Financing
    $360M
  • Aug 27 '15 Series D
    $11M
  • Aug 13 '14 Series C
    $13M
  • Jul 10 '13 Series B
    $17M
  • Aug 23 '12 Series A
    $20M

Investors

  • Sixth Street
    Debt Financing
  • btov Partners
    Series A
  • Crestline
    Debt Financing
  • Temasek Holdings
    Debt Financing
  • Goldman Sachs
    Debt Financing
  • Bain Capital Credit
    Debt Financing
  • BBVA Ventures
    Series B
  • Groupon
    Series B
  • Venture Incubator, LLC
    Series D
  • Life.SREDA
    Series C
  • American Express Ventures
    Series B
  • Shortcut Ventures
    Series A
  • TEV Ventures
    Series A