The Affirm Mafia
Affirm, Inc. is a financial technology company known for revolutionizing the digital payment landscape by offering "buy now, pay later" (BNPL) solutions.
Founded by Max Levchin in 2012, Affirm provides consumers with more transparent and flexible payment options compared to traditional credit. The company operates by allowing customers to make purchases and then pay for them over time through a series of installments, often with low or no interest, depending on the consumer's creditworthiness.
Let's take a look at this tech mafia group.
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The Affirm Mafia
Former Affirm alumni have founded 15 companies and raised $3.2 billion in total as per Crunhcbase data.
PS: Are you an Affirm member or alum interested in bringing your community together to invest in innovative ventures (and enjoy potential profits and other perks along the way)? Or perhaps you're part of another dynamic group that could be a fantastic source of startup investments? π
Learn more about us and join the waitlist here.
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Most money raised: Settle
Settle is a cutting-edge cashflow management startup founded in 2019 by Alek Koenig. It is currently making waves in the $25 trillion business-to-business payments market.
With Koenig's experience as the former head of credit at Affirm, Settle offers a unique solution that blends payments, financing, and accounting integrations into one comprehensive tool.
The company has raised $521 million in funding so far.
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A list of all the amazing companies covered:
- Settle
- Resolve
- SentiLink
- Q Bio
- Peach Finance
- Disco
- Aro Homes
- Pace
- Ganymede
- Lydian
- Kudos
- RatedPower
- Fractional
- Ansa
- Cometa
- Office Hours
- Cashmere
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Settle
Founder: Alek Koenig
Affirm Role: Director, Strategic Partnerships / Head of Credit
Capital Raised: $521M
Investors: Atalaya Capital
Stage: Series BSettle is a cash-flow management platform that helps e-commerce and consumer brands manage their financial transactions.
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Resolve
Founder: Chris Tsai
Affirm Role: Advisor
Capital Raised: $85M
Investors: Insight Partners
Stage: Series A
Resolve is a B2B payments platform that offers buy now, pay later billing for business purchases.
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SentiLink
Founder: Maxwell Blumenfeld, Naftali Harris
Affirm Role: Data Scientist, Fraud Strategy Lead, Data Science Manager
Capital Raised: $84M
Investors: Andreessen Horowitz
Stage: Series B
SentiLink is an identity verification technology company that helps in detecting and blocking synthetic identities.
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Q Bio
Founder: Jeffrey Kaditz
Affirm Role: Founder/Board Member
Capital Raised: $64M
Investors: Andreessen Horowitz
Stage: Series B
On a mission to build the first Clinical Digital Twin Platform and make it accessible to everyone.
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Peach Finance
Founder: Eddie O.
Affirm Role: Director, Product Management
Capital Raised: $27.5M
Investors: Canapi Ventures
Stage: Series A
Peach is the industry's most advanced loan management and servicing platform.
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Disco
Founder: Conner Sherline
Affirm Role: Product Marketing
Capital Raised: $25.8M
Investors: Bessemer Venture Partners
Stage: Series A
Disco develops an AI-driven partnership platform that makes recommendations to consumers across brands.
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Aro Homes
Founder: Carl Gish
Affirm Role: Chief Marketing Officer
Capital Raised: $21M
Investors: Innovation Endeavors
Stage: Series A
Aro Homes aims to redefine residential construction by building better, more sustainable homes faster, and more efficiently.
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Pace
Founder: Jack Chou
Affirm Role: Chief Product Officer
Capital Raised: $18M
Investors: Sequoia Capital
Stage: Series A
Pace provides online peer support groups to give and receive support, therapy for diagnosed conditions like addiction or depression.
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Ganymede
Founder: Nathan Clark, Benson Lee
Affirm Role: Senior Product Manager, Senior Director
Capital Raised: $15.7M
Investors: Caffeinated Capital
Stage: Series A
Ganymede is a low-code PaaS for biotech software engineering that enables users to connect apps, ingest data, and construct pipelines.
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Lydian
Founder: Joe Rodden
Affirm Role: Strategy & Finance
Capital Raised: $12M
Investors: Galvanize Climate Solutions
Stage: Seed
Lydian aims to accelerate the decarbonization of the chemical industry by electrifying the chemical production process.
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Kudos
Founder: Tikue Anazodo
Affirm Role: Group Product Manager
Capital Raised: $7M
Investors: Patron
Stage: Seed
Kudos is a smart assistant in the browser that tells the customer the best card to use when they check out when shopping online.
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RatedPower
Founder: Borja Marcos Suarez
Affirm Role: Site Reliability Engineering ManagerSite Reliability Engineering Manager
Capital Raised: $6.1M
Investors: Seaya
Stage: Series A
RatedPower software to design & optimize utility-scale solar plants. Maximize the potential of PV plants & reduce LCOE.
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Fractional
Founder: Stella Han, Carlos Alfredo TreviΓ±o PΓ©rez
Affirm Role: Senior Software Engineer, Engineering
Capital Raised: $5.5M
Investors: Global Founders Capital
Stage: Series A
Fractional is a social platform for fractional ownership of the real estate.
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Ansa
Founder: JT Cho
Affirm Role: Software Engineer
Capital Raised: $5.4M
Investors: Bain Capital Ventures
Stage: Seed
Ansa is the closed loop platform built for customers.
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Cometa
Founder: Gonzalo Gallardo
Affirm Role: Strategy & Analytics
Capital Raised: $5M
Investors: Reach Capital
Stage: Seed
Cometa provides technological and financial tools to increase access to quality education in Mexico and Latin America.
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Office Hours
Founder: Patrick Reynolds
Affirm Role: Product Designer/Software Engineer
Capital Raised: $5M
Investors: CRV
Stage: Seed
Office hours help you get paid to share what you know.
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Cashmere
Founder: Rebecca Lee
Affirm Role: Software Engineer
Capital Raised: $3.7M
Investors: Global Founders Capital
Stage: Seed
Cashmere is a Crypto wallet for web3 startups.
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