Grapple

Grapple

Non-bank business funding provider, offering invoice financing solutions which allow businesses to access the money in their unpaid invoices. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD40—60m (Dealroom.co estimates May 2022.)
Company register number 80800111
Sydney New South Wales (HQ)

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2020202120222023
Revenues<1m<1m2.7m2.7m
% growth-25 %440 %-
  • Edit
DateInvestorsAmountRound

N/A

-
*

$6.5m

Early VC
*

$35.0m

Lending Capital
Total FundingAUD10.0m

Recent News about Grapple

Edit
More about Grappleinfo icon
Edit

Grapple is a financial technology company that specializes in providing digital working capital funding solutions for small and medium-sized enterprises (SMEs) in Australia. The company operates in the financial services market, focusing on innovative funding options that help businesses manage their cash flow more effectively. Grapple's core services include flexible invoice and supplier finance solutions, which allow businesses to receive early payments on their invoices and offer their suppliers early payment options. This helps to strengthen supplier relationships and improve overall cash flow management.

Grapple's business model revolves around leveraging cutting-edge technology to streamline the funding process. The company's platform integrates seamlessly with clients' invoicing software, enabling live data transfer and instant access to funding information. This technology-driven approach ensures a quick and transparent approval process, with verification and funding completed in minutes.

Grapple generates revenue through a fee-based structure. For invoice financing, the company charges a low 1% fee per instalment, allowing businesses to pay their invoices in four monthly instalments. For supplier finance, Grapple charges a 4% fee, providing instant payment to suppliers while allowing customers to pay over four interest-free monthly instalments.

Grapple serves a diverse range of clients, from new businesses looking to manage their cash flow to large corporations with extensive supply chain programs. By offering flexible and transparent funding solutions, Grapple aims to help Australian SMEs thrive in a competitive market.

Keywords: digital funding, working capital, SMEs, invoice finance, supplier finance, cash flow management, fintech, seamless integration, instant payment, flexible solutions.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.