Marco has raised a $208M funding round in debt and equity to provide financing for SMEs within 24 hours.
The platform provides up to $30M.
- The company provides an AI-powered platform for small and medium-sized businesses through which they receive funding that helps them operate efficiently.
- To access the funding, companies apply for approval online and receive their approval confirmation within minutes.
- The company had a 1,500% CAGR growth rate in financing in 2022.
- MidCap Financial and Castlelake provided the debt portion of the financing round, while Arcadia Funds led the equity portion of the round.
- The company is based in Miami, Florida.
