Railsr Achieves Series C Milestone
Railsr, the world leading embedded finance platform, has today announced that it has closed its Series C round, raising $46m.
The Series C fundraise constituted $26m of equity and $20m of debt. The equity portion was led by Anthos Capital, who led the Railsr Series B in July 2021, and includes other existing investors spanning Europe, North America and Asia: Ventura, Outrun Ventures, CreditEase and Moneta. The debt portion of the round was with Mars Capital, a new investor in the company.
Railsr CEO and co-founder Nigel Verdon said: “I am absolutely delighted that less than four months after Railsbank evolved to become Railsr, we have achieved another milestone and closed our Series C, a significant step on our route to profitability.”