We're excited to announce our $10.2m seed round led by Sequoia Capital! We started building Tola in 2022 to solve the the biggest problem all SMBs face - cash flow. Tola combines accounts payables, receivables, cash flow insights and working capital to give SMBs full flexibility on when and how they want to pay and get paid. We’ve learned a lot along the way, onboarded hundreds of SMBs in the US, processed tens of millions of transactions and financed millions in Pay later transactions of our customers, but there is still a long journey ahead. We believe that SMBs manage too many clunky tools, complex processes and deal with too much paperwork to just get by. On top of that, JP Morgan Chase study on small businesses estimated that 50% had fewer than 15 buffer days, so a three-week delayed payment or unexpected expense could be extremely damaging. Read more about the announcement in the Axios exclusive (in the comments). 👇
Tola
Technology, Information and Internet
San Francisco, California 3,005 followers
Pay bills, get paid and manage cash flow.
About us
Tola combines accounts payable, receivable and cash flow management with working capital, helping save businesses time and money.
- Website
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https://www.usetola.com
External link for Tola
- Industry
- Technology, Information and Internet
- Company size
- 11-50 employees
- Headquarters
- San Francisco, California
- Type
- Privately Held
- Founded
- 2022
Locations
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Primary
Get directions
44 Tehama St
San Francisco, California 94105, US
Employees at Tola
Updates
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Are your invoices boring? They don't have to be.
Design matters. Fintech apps don't have to be boring. At Tola we pride ourselves in our Reliable, Efficient and Delightful design. 💸 Reliable because we're dealing with money. We need to earn your trust. 🚀 Efficient because your time is precious and we don't want you to spend more time in our app than you have to. ✨ Delightful because we are just not interested in building a boring app. See for yourselves
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