Fundit.io

Company Overview

Snapshot

Founded in February 2021 by Geva Avidan and Omer Haim, Fundit.io operates with 1–10 employees. The company raised $2.8 million across one funding round, securing seed capital to develop its automated SMB lending platform. Fundit.io ceased operations in May 2023.

Business overview

Fundit.io developed an automated lending platform designed for small businesses, aiming to streamline the loan process for both borrowers and lenders. The company's technology focuses on creating a user-friendly and transparent environment for financing. Operating within the Fintech & Insurtech sector, Fundit.io serves the SMBs & SMEs market with its B2B business model, primarily in the Lending & Financing category.

Company Intelligence Q&A

What is Fundit.io's primary business activity?

Fundit.io developed an automated SMB lending platform designed to streamline the loan process for small businesses, connecting borrowers and lenders through a user-friendly and transparent interface.

When was Fundit.io founded and by whom?

Fundit.io was founded in February 2021 by co-founders Geva Avidan and Omer Haim.

What is the operational status of Fundit.io?

Fundit.io is currently non-active, having ceased operations in May 2023.

What was the total capital raised by Fundit.io?

Fundit.io raised a total of $2.8 million in funding.

In which sector does Fundit.io primarily operate?

Fundit.io operates primarily in the Fintech & Insurtech sector, focusing on lending and financing solutions.