Tranch

Tranch provides flexible payment solutions for business to business invoices and software subscriptions.

New York, NY, USA—Founded 2021—Website

£84.6MTotal raised

Tranch operates a business to business buy now pay later platform that allows software and service providers to receive upfront payments while offering their customers flexible terms.

Founders

Philip Kelvin

Co-founder & CEO

Beau Allison

Head of Engineering

Investors

Seed24 January 2023
£81.1M
SC
Soma CapitalLead
F
FoundersXLead
CH
Clear Haven Capital Management
Global Founders CapitalFollow-on
Y CombinatorFollow-on
Seed23 May 2022
£3.5M
FV
Flash VenturesLead
Global Founders Capital
Y Combinator
Columbia Lake Partners

Funding history

Seed24 January 2023

£81.1M

Tranch secures £81.1m seed funding led by Soma Capital to scale its United States operations

The seed financing was led by Soma Capital and FoundersX with additional backing from Clear Haven Capital Management.

Seed23 May 2022

£3.5M

Tranch secures £3.5m in pre-seed equity and debt funding led by Flash Ventures to scale its B2B payment platform.

The funding round was led by Flash Ventures and Global Founders Capital, with participation from Y Combinator and Columbia Lake Partners.