C2FO operates an on-demand working capital platform that allows businesses to access funds tied up in accounts receivable via dynamic discounting and supply chain financing. Its suite uses patented Name Your Rate® technology to enable companies to be paid sooner by the world's largest enterprises. The company says it serves hundreds of thousands of business customers globally and has delivered more than $400 billion in risk-free capital since inception; in 2024 it provided over $13 billion to more than 20,000 businesses in developing nations. The $30 million investment announced with the International Finance Corporation (IFC) and existing shareholders will accelerate technical development and expand the platform's reach into emerging markets. As part of the IFC relationship, C2FO and IFC plan a Nationwide Working Capital Platform across Africa, starting in Nigeria with a launch expected later in 2025. Founded in 2008 and headquartered in Kansas City, C2FO emphasizes accessible, low-cost working capital for micro, small and medium enterprises to support growth and economic resilience. C2FO operates a global market for working capital and styles itself as the largest global platform for working capital. Its platform is described as the only working capital exchange that allows companies to optimize working capital positions in a live, bid/ask environment. Companies across the globe use C2FO to increase gross and net profit while producing early cash flow delivery to their supply chain. C2FO refers to its service as Collaborative Cash Flow Optimization and positions the market as providing risk‑free profit. The company announced a $140 million funding round led by Third Point Ventures, with participation from Vista Credit Partners and Mubadala Capital. The funding announcement was made from Kansas City, MO. Based in Kansas City, Mo., C2FO operates an online marketplace that connects businesses that need cash with those that have cash, using proprietary algorithms to dynamically price early-payment opportunities in real time. The platform supports multiple sources of cash flow, including early invoice payment, A/R financing, and other lending options. More than 300,000 businesses across 173 countries use C2FO, which matches over $1.2 trillion of accounts receivable and accounts payable and delivers more than $1 billion in funding every week. Management cites industry-leading unit economics, high customer satisfaction, and strong global growth. The company positions itself as the world’s largest non-banking solution for working capital and plans to use new funding to accelerate development of new markets and expand access to working capital for companies of all sizes. The investment is intended to help scale the platform’s global expansion and deepen liquidity for buyers and suppliers. C2FO operates a working capital marketplace enabling companies across retail, industrial, manufacturing, CPG, energy, healthcare, technology, telecom and transportation sectors to improve operating income and supply-chain liquidity. The company is led by Founder and CEO Sandy Kemper and CFO Kerri Thurston. At the end of 2017 C2FO was providing $1B of funding per week to businesses in more than 100 countries. C2FO completed a $100M funding round to support strategic initiatives. The company plans to use the funds for international growth, to develop additional working-capital solutions, and to build the C2FO customer community. The round will also enable secondary share purchases from earlier investors and associates. C2FO runs a marketplace that connects companies holding excess cash with businesses seeking working capital, using accounts receivable–linked financing. The platform enables lenders to earn higher returns by funding receivables. The company is pursuing global expansion and has opened offices in Germany, India, Hong Kong and Singapore in the last year. C2FO says it is expanding its offerings and capabilities globally. Leadership framed the investment from Citi Ventures as strategic, intended to bring deep relationships and help boost platform growth. Citi Ventures described C2FO’s marketplace as a way to simplify and optimize cash flow and promote a healthier supply chain.

Total raised

$537M

Funding rounds

8

Latest round

Equity

Latest activity

Apr 2025