Topi Raises $45M in Series A Equity and Debt Funding
- topi, a Berlin, Germany-based provider of the underlying technology for the B2B subscription economy, raised $45m in Series A equity and debt funding
- The Series A financing round in August 2022 was co-led by Index Ventures and Creandum with further participation of Silicon Valley-based TriplePoint Capital
- The company intends to use the funds to expand operations and its business reach
- The company provides a tech infrastructure that will allow any retailer or manufacturer to offer Hardware-as-a-Service to business customers
- In the back end, a fraud and risk engine vets eligible buyers automatically and in real-time
- Through integrations between trade-in partners, financial partners, insurance providers and merchants, top i enables live and automated check-out for e-commerce, tele-sales and in-store