Funding round
C2FO Growth
Reported as "Growth Equity"
C2FO, which works in working capital finance solutions in Leawood, raised $140M in a Growth round announced on 1 Feb 2022, led by Third Point Ventures. 3 firms took part. It is C2FO's fourth venture round on record; the one before was a Growth in Aug 2019.
$140M
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
C2FO did not disclose a valuation in this round. It came 30 months after C2FO's Growth. It is 29% of the $488M C2FO has raised in the venture rounds on record. C2FO raised again 38 months later: a Growth round of $30M in Apr 2025.
C2FO's funding rounds
C2FO has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
Third Point Ventures led the round with 2 other firms.
Lead investor
- Third Point Ventures new investor
Also in the round
- Vista Credit Partners new investor
- Mubadala Capital backs 61 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, scaling operations and working capital.
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
43 Growth rounds in Loans & Financing within a year either side disclosed an amount; the median was $80M, and this round was 1.8 times the median. The closest in time, other companies' Growth rounds in Loans & Financing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Loans & Financing | 15 Feb 2022 | $100M | not disclosed | Siam Commercial Bank |
| Abound Loans & Financing | 18 Feb 2022 | $54M | not disclosed | Salica Investments |
| Hometap Loans & Financing | 25 Jan 2022 | $245M | not disclosed | not named |
| Knock Loans & Financing | 15 Mar 2022 | $220M | not disclosed | Foundry |
| Loans & Financing | 6 Jan 2022 | $128M | not disclosed | not named |
| Loans & Financing | 24 Jan 2022 | $78M | not disclosed | Autotech Ventures and Clear Haven Capital Management |
| DMI Finance Loans & Financing | 11 Jan 2022 | $47M | not disclosed | Sumitomo Mitsui Trust Bank Limited |
| Loans & Financing | 11 Jan 2022 | $34M | $634M | Lightbox |
Sources
Where this comes from
Reported by 2 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did C2FO raise in its Growth round?
C2FO raised $140M in its Growth round, announced in Feb 2022.
Who led C2FO's Growth round?
Third Point Ventures led it, with Vista Credit Partners and Mubadala Capital.
What was C2FO's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Loans & Financing?
43 Growth rounds in Loans & Financing within a year either side disclosed an amount; the median was $80M, and this round was 1.8 times the median.
Did C2FO raise again after this round?
Yes: a Growth round in Apr 2025 of $30M.