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Settle

Unified financial platform for CPG brands managing payments and inventory.

Discussion
enterprise-softwarefintech

Company facts

Founded
2019
Employees
68
Headquarters
United States
CEO
Alek Koenig
Type
Private
Funding
Series B · $60M · 2021

About

Consumer packaged goods (CPG) brands often grapple with the complexities of managing cash flow, juggling inventory, and ensuring timely payments – challenges that can stifle growth and create operational headaches. Many founders and finance teams find themselves bogged down in spreadsheets, manual processes, and disconnected systems, diverting precious time and energy away from building their brand and serving their customers. This is why Settle was created: to provide a unified platform that empowers CPG brands to navigate these financial hurdles with confidence and efficiency. Settle offers an all-in-one solution designed specifically for the unique needs of growing CPG businesses. Our customers benefit from a comprehensive suite of tools that streamline accounts payable, optimize procurement, manage inventory effectively, and provide access to flexible working capital. By integrating these crucial functions, Settle helps brands gain real-time visibility into their financial health, automate tedious tasks, and make data-driven decisions. Whether it's ensuring bills are paid accurately and on time, forecasting inventory needs to prevent stockouts, or accessing non-dilutive financing to fund growth initiatives, Settle equips brands with the tools they need to scale fearlessly. We understand that for our customers, success means focusing on product innovation, marketing, and customer relationships, not wrestling with backend financial operations. Settle's mission is to handle the financial complexities so that brands can concentrate on what they do best: creating products consumers love and building lasting businesses.

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