Fundz

Slash, a vertical banking startup, has raised $41 million in Series B funding led by Goodwater Capital. This financing will support its growth and development efforts.

PRIVATEMay 20, 2025

Amount Raised

$41 Million

Round Type

Series B

San FranciscoFinancial ServicesFinanceFintechLendingBanking

Investors

Goodwater Capital

Description

Two Gen Z college dropouts have successfully raised $41 million for their startup, Slash, which focuses on vertical banking. This significant funding round will help the company expand its offerings and reach more customers. Investors were drawn to Slash's innovative approach to banking. The funds will be utilized for operational growth and product development.

Quick answer

Slash raised $41 Million in a Series B round, dated May 20, 2025. Investors: Goodwater Capital. Slash is based in San Francisco, California, United States.

How much did Slash raise?
Slash raised $41 Million in a Series B round on May 20, 2025.
Who invested in Slash?
Goodwater Capital is named as investors in this round.
What does Slash do?
Slash is the banking platform of choice for over 2,000 of America's most innovative businesses.
Where is Slash based and how big is it?
Slash is based in San Francisco, California, United States. Fundz records about 120 employees.
Who are the decision-makers at Slash?
Fundz holds 1 contact at Slash, including the General Counsel, Chief Compliance Officer & Corporate Secretary. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

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

  • Triumph Financial raised $20M on May 8, 2025.
  • Ensysce Biosciences raised $2.2M (Seed) on April 23, 2025.
  • Yaspa raised $12M (Funding Round) on July 2, 2025.
  • Digital Asset Acquisition raised $135M (Funding Round) on June 24, 2025.
  • Bridgewater Bancshares raised $80M on June 24, 2025.
  • Nakamoto raised $52M on June 19, 2025.

Who to call at Slash, and when

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

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

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Company Information

Company

Slash

Location

San Francisco, California, United States

About

Slash is the banking platform of choice for over 2,000 of America's most innovative businesses. Our all in one virtual card, banking, bill pay, and accounting automation platform helps entrepreneurs stay on top of their finances, allowing them to spend more time doing what they love. Slash powers over 3 billion dollars a year in purchases.

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

Related People

1 contact
Verified contactsMohit, General Counsel, Chief Compliance Offic… hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

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

145 of these a day, filtered to the companies you pick, 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.