DivergentCapital
Predictive Funder for Small Businesses
Fintech & Insurtech
Non Active, Jan 2021 ceased to operate
Company Overview
Snapshot
Founded in June 2016 by Erez Stamler and Oren Zahavi, DivergentCapital operates with 1–10 employees. The company ceased operations in January 2021.
Business overview
DivergentCapital provides capital solutions for small and medium-sized businesses, leveraging advanced data analytics and AI technology to offer uncollateralized working capital advances. The company's primary product is a Working Capital Advance, structured as a purchase of future receivables rather than a traditional loan, distinguishing it by not requiring performance guarantees or asset-based collateral. DivergentCapital operates within the Fintech & Insurtech sector, specifically focusing on Lending & Financing for SMBs in the United States.
Company Intelligence Q&A
- What is DivergentCapital's operational status?
- DivergentCapital is currently non-active, having ceased operations in January 2021.
- When was DivergentCapital founded and by whom?
- DivergentCapital was founded in June 2016 by co-founders Erez Stamler and Oren Zahavi.
- What is DivergentCapital's core offering?
- DivergentCapital provides Working Capital Advances to small and medium-sized businesses. This product involves purchasing future receivables and sales at a discount, differing from traditional business loans by not requiring collateral or performance guarantees.
- What technology does DivergentCapital utilize in its services?
- DivergentCapital employs advanced data analytics and AI technology to generate insights for providing capital to its customers.
- In which markets does DivergentCapital primarily operate?
- DivergentCapital primarily serves the United States market.