4Trans offers financial products that allow SME logistics companies and independent hauliers to access cash tied up in unpaid invoices, helping them manage daily operations and invest in growth. The company also partners with Allianz Trade to provide insurance products to its clients. To date it has financed 90,000 invoices totaling over €80m for supply chain and logistics SMEs. 4Trans plans to use new funds to strengthen its presence in Poland and Slovakia, expand its team, and make technological enhancements to its platform. The business is led by CEO Jaroslav Ton and CMO Alexandr Lagazzi. The company is based in Prague, Czech Republic. 4Trans is a Prague-based invoice factoring specialist that provides fast financing to European haulers. The company uses AI-driven data analysis and automation to offer up to 80% of an issued invoice in as little as five minutes, versus an industry-standard three months. It has processed more than 50,000 invoices and reports a pipeline accounting for over €30 million in financing. 4Trans says it has seen a 10x increase in monthly revenues since the beginning of the year. Its products target small and independent entrepreneurs in the European supply chain who face delayed payments and limited options from traditional banks. The recent financing is intended to further strengthen its market position within the region.

Total raised

$19M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Jun 2022