Anchor Inks $20M Series A Funding Round
2025-01-30
NEW YORK, NY, Anchor, the free-to-use Autonomous Billing & Collections platform, has announced it has raised a $20 million Series A funding round.
The round was led by Mosaic General Partnership (past investments include Uber, Robinhood, Mercury, Taboola, Hippo and Coinbase) and Oren Zeev from Zeev Ventures (past investments include Audible, Houzz, Duda and Next Insurance). Existing investors, including Entrée Capital and Tal Ventures participated, alongside new investors Amy Banse, who will be joining Anchor's board, and currently serves as board member at Adobe and ON running, Tien Tzuo, Founder and CEO of Zuora, former NBA superstar Andre Iguodala (through Mosaic General Partnership), and other industry leaders. With this latest funding, Anchor plans to double its workforce in the next year, accelerate its US market presence, and deepen strategic partnerships, building on the company's over 500% growth in 2024.
Anchor is reinventing financial workflows for small and medium businesses by simplifying proposals, agreements, invoicing, and payments. By moving away from rigid, PDF-based workflows to digitally native proposals and interactive agreements, Anchor enables businesses to eliminate inefficiencies, reduce revenue loss, and enhance cash flow. Trusted by thousands of accounting and professional-service business owners, Anchor is committed to enabling businesses to thrive in an increasingly complex financial landscape.
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