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APPROVE

APPROVE

Private
Wilmington, North CarolinaFinTechhttps://approvepayments.com

Last Round

Series A

Jun 1, 2023

Total Funding Raised

$3.85M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

APPROVE operates in FinTech and is based in Wilmington, North Carolina. Its latest recorded funding round was a Series A round in June 2023.

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

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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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%
Currency
81%
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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
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Key People

Founding team and executive leadership

Robert Preville

Founder, CEO

Founding Team

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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.

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Recent news

Latest coverage and updates

  • partners_withNov 11, 2026

    On Nov 11th '26, approvepayments.com partners with Revenued to connect eligible equipment-financing customers with additional working capital through Revenued's Flex Line.

  • recognized_asOct 14, 2026

    Monitor recognizes approvepayments.com founder and CEO Robert Preville as one of its Most Influential People in Equipment Finance for the second consecutive year, placing him in the Creating Change and Innovation category in its 2026 issue on Oct 14th '26.

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APPROVE Filings

Explore SEC and related filing metadata, where available.

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

Filing documents are not displayed on this public page. Request access to learn about available coverage.

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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, so its shares have no public market price. Caplight tracks APPROVE's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

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.

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 in APPROVE's shares on secondary markets.

Firmographic Details

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

Institutional Data Access

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