NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
Skip to main content
Caplight Logo









APPROVE

APPROVE

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

Last Round

Series A

Jun 1, 2023

Total Funding Raised

$3.85M

Momentum

Top 1%

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.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

APPROVE Comparables

Compare APPROVE with similar companies based on industry and business-model similarity.

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

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

APPROVE Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersWilmington, North Carolina
Employee Range64
Year Founded2015
Last FundingJun 1, 2023

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.