SAN FRANCISCO, CA, Dots, a leading global payouts platform for marketplaces and service-based businesses, has secured $8.9 million Series A funding round.
The round was led by DCM with participation from Y Combinator. Dots, which is profitable, has raised more than $14.6 million to date and processes over $150 million in payouts each month, representing 400% year over year revenue growth.
Dots is a modern payouts infrastructure platform that helps marketplaces and service-based businesses pay workers, sellers, and creators globally. Through a single, end-to-end API, Dots handles onboarding, compliance, and disbursements across major payment rails, enabling platforms to pay anyone, anywhere, instantly and securely.
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