B2B checkout and payments platform — Stripe for B2B
HQ: San Francisco, CA / New York, NY | Founded: 2020 | Employees: 70 | Stage: Series B | Website: https://www.getbalance.com
Balance is a B2B checkout and payments platform that provides a consumer-like payment experience for business buyers. The platform enables B2B marketplaces, merchants, and service providers to accept payments via check, card, and bank transfer ('how they want'), while offering net terms, payment plans, and invoice payments ('when they want'). Sellers receive funds instantly regardless of the buyer's payment method or terms. Includes AR automation, digital trade credit, and marketplace operating system capabilities. Founded in 2020 by Bar Geron and Yoni Shuster, former PayPal executives. YC S20 batch. Raised $5.5M seed (Feb 2021 from Lightspeed, Max Levchin), $25M Series A (Aug 2021 from Ribbit Capital), $56M Series B (Jul 2022 from Forerunner Ventures, Salesforce Ventures, Lightspeed), and $350M debt facility (Nov 2022 from Viola Credit). Total funding: $87M equity + $350M debt. 70 employees. 300+ merchants including Notch and others across steel, chemicals, and apparel industries. 100K+ business buyers and 13K+ vendors on the network. Integrates with Shopify Plus, BigCommerce, and Mirakl.
Balance is one of the most well-funded B2B payments startups, with top-tier investors (Lightspeed, Stripe, Ribbit Capital, Max Levchin, Forerunner, Salesforce Ventures) and $87M equity + $350M debt. The $380M revenue figure suggests strong traction, though much of this is likely payment volume flowing through their platform. The B2B payments space is massive (B2B commerce is 10x larger than B2C) but crowded with well-funded competitors (Bill.com/Melio, Veem, Payoneer). The 'Stripe for B2B' positioning is compelling, and Stripe itself invested — a strong strategic signal.
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