Fundz

Bastion Management closes $150 million debt facility with Sezzle to fuel future growth

PUBLIC · SEZLMay 17, 2024

Amount Raised

$150 Million

Round Type

Funding Round

MinneapolisInformation TechnologyCommerce and ShoppingFinancial ServicesSoftwareMobileCommerce And ShoppingPaymentsE CommerceFintech

Investors

Bastion Management

Description

Bastion Management announced today the closing of a $150 million senior debt investment, with an accordion up to $225 million, in Sezzle Inc. The new facility will provide additional liquidity to fund the Company's future growth in the U.S. and Canadian markets and pursue new strategic initiatives.

Quick answer

Sezzle raised $150 Million in a Funding Round round, dated May 17, 2024. Investors: Bastion Management. Sezzle is based in Minneapolis, Minnesota, United States.

How much did Sezzle raise?
Sezzle raised $150 Million in a Funding Round round on May 17, 2024.
Who invested in Sezzle?
Bastion Management is named as investors in this round.
What does Sezzle do?
Sezzle is a mission-driven fintech empowering the next generation with interest-free installment plans that enhance purchasing power online and in-store.
Where is Sezzle based and how big is it?
Sezzle is based in Minneapolis, Minnesota, United States. Fundz records about 397 employees.
Who are the decision-makers at Sezzle?
Fundz holds 1 contact at Sezzle, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Commerce and Shopping and Financial Services around the same time

Companies in the same sectors as Sezzle that raised within 45 days of this round, from Fundz verified event records.

  • Clip raised $100M (Series D) on June 18, 2024.
  • Paerpay raised $700K (Seed) on May 31, 2024.
  • El Dorado raised $3M (Seed) on May 28, 2024.
  • QI Tech raised an undisclosed amount (Series B) on April 25, 2024.
  • Twill Payments raised $2M (Pre-Seed) on April 24, 2024.
  • Billd raised $9.5M on April 2, 2024.

Who to call at Sezzle, and when

A new round usually means Sezzle is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Sezzle raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Sezzle, from your own LinkedIn network

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Company Information

Company

Sezzle

Location

1516 W LAKE ST

Minneapolis, Minnesota, United States

About

Sezzle is a mission-driven fintech empowering the next generation with interest-free installment plans that enhance purchasing power online and in-store. Focused on transparency and inclusivity, Sezzle gives consumers tools to manage spending, take control of their finances, and work toward financial independence.

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Fundz sees it the moment Sezzle raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsCharles Y., Executive Officer, Director hiddenSee plans and pricing
Predictive Intelligence
Strategic

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Sezzle raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.