San Francisco-based risk management and credit cards company CreditStacks has secured $100 million in debt financing, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced on Nov. 8 and financed by WebBank.
According to its Crunchbase profile, "CreditStacks is a financial service company that offers a credit card for relocating professionals. Its product, The CreditStacks Credit Card, flips the script on the credit paradox. High credit line with great terms from day one, even without U.S. credit history or SSN."
The four-year-old startup has raised four previous funding rounds, including a $4 million seed round in 2018.
The round brings total funding raised by San Francisco companies in payments over the past month to $221 million. The local payments industry has produced 100 funding rounds over the past year, securing a total of $2.4 billion in venture funding.
In other local funding news, real estate company HomeLight announced a $63 million Series C funding round on Nov. 5, led by Zeev Ventures.
According to Crunchbase, "HomeLight helps people on making smart decisions in buying or selling their home. The company's vision is a world where every real estate transaction is simple, certain and satisfying. It develops software and offers services to home buyers, sellers and real estate agents, including HomeLight Agent Matching, the investor matching platform Simple Sale, consumer financial and lending products through HomeLight Home Loans, and transactional tools through HomeLight Agent Services."
Founded in 2012, the company has raised six previous rounds, including a $40 million Series B round in 2017.
Also of note, residential company Snapdocs raised $25 million in Series B funding, announced on Nov. 7 and led by F-Prime Capital.
From Crunchbase: "Snapdocs is a mortgage technology company that helps real estate participants closing work together through integration and automation. It also simplifies mortgage loan closings and enhances the borrower experience."
The company previously raised $15 million in Series A funding in 2017.
Rounding out the city's recent top local funding events, retail company Curated raised $22 million in Series A funding, announced on Oct. 30 and led by Forerunner Ventures.
From Crunchbase: "Curated is a platform that brings together people and products by matching customers with unbiased experts for high-consideration purchases."
The company previously raised seed funding in 2017.
This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.
