Onramp Funds, an Austin-based company providing financing to e-commerce sellers, secured $42 million in equity and credit to expand its working capital offering.
CEO Eric Youngstrom founded the company in 2020 after a career at multicarrier shipping software company ShippingEasy. One of the problems with shipping at that time, back in 2012, was that you would have to log into each individual marketplace. For example, Amazon, eBay or Shopify, to see orders and figure out how to process them. What ShippingEasy did was bring that all together under one data management platform.
When ShippingEasy
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Onramp Funds accelerates e-commerce financing platform with $42M in equity, credit
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