CapitalOS Raises $21.9M in Series A Funding Led by LGVP

CapitalOS, a San Francisco, CA-based provider of a money orchestration layer service for B2B platforms, has raised $21.9 million in a Series A funding round.

The round was led by LGVP with participation from WEX Venture Capital, Group11, Great North Ventures, Night Capital, and existing investors.

The company will use the funding to develop its infrastructure, helping B2B platforms launch financial products such as credit cards, digital wallets and bill payment services.

What is CapitalOS?

CapitalOS provides financial infrastructure that allows business software platforms to offer financial products to their customers without building the entire system themselves.

Launching products such as business credit cards and digital wallets requires banking partnerships, underwriting, fraud prevention, compliance and risk management. These requirements can be expensive and time-consuming for software companies.

CapitalOS addresses this challenge through a money orchestration platform powered by specialised AI agents. The system helps manage financial operations, including underwriting, compliance, capital and risk management.

How Much Funding Has CapitalOS Raised?

CapitalOS has raised $21.9 million in its latest Series A funding round.

The announcement does not disclose the company's total funding to date or details of previous funding rounds.

Who Invested in CapitalOS’s Series A?

LGVP led CapitalOS's $21.9 million Series A round.

Other participating investors included WEX Venture Capital, Group11, Great North Ventures and Night Capital, along with existing investors.

Why the Funding Matters

CapitalOS plans to use the new funding to further develop its financial infrastructure for B2B platforms.

Building embedded financial products can require significant investment in technology, banking relationships and regulatory processes. CapitalOS aims to reduce this burden by providing a single infrastructure layer to manage these operations.

The platform helps software companies add financial services while allowing their engineering teams to focus on their core products.

Who founded CapitalOS?

CapitalOS was founded in 2022 by Nir Dremer and Matan Goldschmidt.

The company is headquartered in San Francisco, California.

“Vertical SaaS and AI platforms are experts in their domains, not building payments infrastructure,” explained Nir Dremer, Co-Founder and CEO of CapitalOS. “Our goal is to build the best financial infrastructure so any platform company can offer their end customers world-class financial products.”

“As AI enables B2B platforms to do more for their customers, it’s also creating opportunities to use operational data in more meaningful ways, including anticipating financial needs and improving how money moves through a business,” said Jay Dearborn, Chief Strategy Officer at WEX.

Market and Business Growth

CapitalOS reports that it is already managing billions of dollars in transaction volume. Its transaction volume has increased by 1,000% over the past 18 months.

The company serves more than 25,000 cardholders across dozens of B2B platforms.

Its customer base includes Guesty, which uses CapitalOS to integrate card services into its property management platform. This allows users to access financial tool's within the software they already use to run their businesses.

What Happens Next?

CapitalOS plans to continue developing its infrastructure to help more B2B platforms offer financial products. Its focus remains on simplifying the operational work behind embedded finance, including underwriting, compliance, capital management and risk controls.

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