Money Makers Mentor

Possible Finance Raises $11 Million in Series B Funding

Possible Finance, a financing company with a focus on building credit scores, raised $11 million in Series B funding. The second funding round was led by Union Square Ventures, a venture capital firm. Their focus is to back, “brands that broaden access to knowledge, capital, and well-being.”

“Today, we’re excited to announce that in late Spring 2020 we led Possible’s Series B,” says Gillian Munson, a partner at USV, in her blog post on the company website. “This investment aligns well with our [goal] of investing in trusted brands that broaden access to knowledge, well being and [technology].”

USV outlines their goal in a business plan they call “Thesis 3.0.” In it, they talk about their focus on funding businesses that connect and broaden access. Their venture funding rounds targ…

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