Behalf
Working Capital Financing for Small Businesses
Company Overview
Snapshot
Founded in May 2011 by Shai Feinberg, Behalf operated with 11–50 employees. The company raised a total of $275M across 7 funding rounds from 12 investors.
Business overview
Behalf is a fintech company specializing in working capital financing for small businesses. The company provides an alternative financing platform that enables merchants to offer instant point-of-sale financing and flexible repayment terms for products and services essential to business operations. Behalf primarily serves the Fintech & Insurtech sector, focusing on lending and financing solutions for SMBs and SMEs.
Strategic signal
In June 2022, Behalf faced operational difficulties, leading to employee layoffs. This indicates a significant challenge in the company's business trajectory, signaling to investors a period of restructuring and potential strategic re-evaluation before its cessation of operations in January 2023.
Log in to access full profile ›Company Intelligence Q&A
- What was the most recent funding round for Behalf?
- MissionOG was a lead investor in this round, with additional participation from Migdal Insurance and Financial Holdings.
- What was the total capital raised by Behalf?
- Behalf raised a total of $275M across 7 funding rounds.
- What significant operational change occurred at Behalf in June 2022?
- In June 2022, Behalf experienced operational difficulties and initiated employee layoffs.