OppZo is a mission-driven financial technology company that makes affordable asset-based working capital loans available to small and medium-sized businesses. It focuses on SMBs located in Opportunity Zones, economically distressed U.S. areas that offer tax incentives to investors. OppZo funds SMBs through its investors and balance-sheet partners, creating an impact asset class designed to deliver risk-adjusted returns alongside positive social and economic outcomes. In June 2022 OppZo raised over $260M in combined debt and equity financing, including $255M of debt and a $5M equity tranche led by Arcadia Funds. The company says the funding will enable it to continue connecting small businesses to public and private capital sources. OppZo is led by co-founders Warren Reed (Co‑Founder & CEO) and Randy Garrett (Co‑Founder & President) and is based in Miami, FL.

Total raised

$260M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Jun 2022