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APPROVE

APPROVE

Private
Wilmington, North CarolinaFinTechhttps://www.approvepayments.com/

Last Round

Series A

Jun 1, 2023

Total Funding Raised

$3.85M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

APPROVE is a fintech company that provides a SaaS solution enabling equipment sellers to embed financing options at the point of sale, matching buyers with a network of lenders.

Sector

FinTech

Verticals

Lending & Credit, Vertical SaaS, Point-of-Sale, BNPL

Business Model

B2B2C

Customer Profile

Marketplace Commission, Subscription SaaS

AI Layer

Application

Keywords

equipment financingembedded financingpoint of sale financingPOS financingfinancing marketplaceB2B lendingembedded lendinglender networkSaaS platformvirtual captive financeB2B BNPLequipment leasingvirtual trade creditworking capital loansSBA loans

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Track how buyer interest and sentiment changes over time.

APPROVE Comparables

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APPROVE comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Substrate Industries, Inc.
85%
Clicklease
81%
Lendflow
75%

APPROVE Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AJun 1, 2023
VC RoundJul 19, 2019
DebtOct 30, 2017
SeedJan 1, 2017
SeedDec 1, 2016

Key People

Founding team and executive leadership

Robert Preville

Founder, CEO

Founding Team

APPROVE Investors

Notable investors and investment history

APPROVE investors
InvestorRounds
Live Oak VenturesVC Round, Series A
Cofounders CapitalSeries A
Wolfpack Investor NetworkVC Round
VentureSouthVC Round, Series A, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 20, 2026

    Open roles increased to 27, 4.5x the trailing average.

  • Nov 8, 2025

    Monthly visitors grew 40% MoM, reaching 13.1K.

APPROVE Filings

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APPROVE filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about APPROVE's valuation, stock price, and market status.

Is APPROVE a public or private company?

APPROVE is a private company.

What is the current stock price of APPROVE?

APPROVE is a private company with no public stock price. No recent secondary market data is available.

How much is APPROVE worth (valuation)?

Valuation information for APPROVE is not publicly available.

Can I buy APPROVE stock?

APPROVE shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was APPROVE's last funding round?

APPROVE's most recent funding round was Series A on June 1, 2023.

Who are the main investors in APPROVE?

Key investors in APPROVE include VentureSouth.

Will APPROVE IPO soon?

No public IPO plans have been announced for APPROVE.

How can I track APPROVE secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor APPROVE's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersWilmington, North Carolina
Employee Range34
Year Founded2015
Last FundingJun 1, 2023

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