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Altman brothers lead B2B payment startup Routable s $30M Series B – TechCrunch

Altman brothers lead B2B payment startup Routable’s $30M Series B Several prominent tech founders also put money in the round We all know the COVID-19 pandemic has accelerated digital adoption in a number of areas, particularly in the financial services space. Within financial services, there are few spaces hotter than B2B payments. With a $120 trillion market size, it’s no surprise that an increasing number of fintechs focused on digitizing payments have been attracting investor interest. The latest is Routable, which has nabbed $30 million in a Series B raise that included participation from a slew of high-profile angel investors.

Routable Raises $30M in Series B Funding

Routable, a San Francisco, CA- and Seattle, WA-based platfrom to send and receive business-to-business payments, raised $30m in Series B funding. The round was led by Sam Altman, CEO of Open AI and former president of Y Combinator, and Jack Altman, CEO of Lattice, with participation from Flexport as well as angel investors, including Max Mullen (Instacart), Joe Gebbia (Airbnb), Aaron Levie (Box), Marc Benioff (TIME Ventures), Gokul Rajaram (DoorDash), Lachy Groom (formerly of Stripe) and Scott Belsky (Behance). The company, which has raised $46m to date, intends to use the funds to scale its team to expand upmarket into the enterprise space.

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