Pipe
Embedded capital and financial tools for small and medium-sized businesses, delivered through partnerships with the software platforms they use. The main product, Pipe Capital, offers up-front working capital advances funded partly through warehouse credit facilities.
FintechEmbedded small-business financing (revenue-based capital)San Francisco, United States
FoundersSince 2019
- Valuation
- $2.0B
- Total raised
- $657M
- Last round · Apr 2026
- Funding round
- Founded
- 2019
- Quarters in VP50
- 2
In VP50
- Q4 2023: no place
- Q1 2024: no place
- Q2 2024: no place
- Q3 2024: no place
- Q4 2024: no place
- Q1 2025: no place
- Q2 2025: no place
- Q3 2025: no place
- Q4 2025: no place
- Q1 2026: no place
- Q2 2026: no place
- Q3 2026: no place
- Q4 2026: no place
Place by quarter since Q4 2023. Best place #17, in Q4 2022.
Funding rounds
DateRound · leadRaised
May 19, 2021Strategic investment · Greenspring Associates$250M
Team
- Harry HurstCo-founder, Former co-CEO
- Josh MangelCo-founder, Executive chairman
- Zain AllarakhiaCo-founder, Senior advisor
- Claurelle RakipovicCEO
- Vijay VachaniCOO
- Jin HanChief administrative officer
- Nate WigerChief product and technology officer


