Ampla Technologies, a startup that provides financing to small and medium-sized consumer-facing businesses, recently announced a $40M Series A funding round. The round was co-led by VMG Partners and Forerunners Ventures with additional funding from previous investor Core Innovation Capital. Separate from the $40M equity investment, the company secured $250 million in debt facility for funding new eCommerce brands, focusing on businesses which include omnichannel revenue streams.
Ampla raises $40M Series A for its business of providing credit to commerce brands