VenturePax
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VenturePax - overview
Established
2008
Location
-, OH, US
Primary Industry
Software
About
VenturePax is a company specializing in alternative financing solutions aimed at small businesses, bridging gaps between traditional and high-cost lending while facilitating faster capital access to entrepreneurs. Founded in 2008 in Milford, US, VenturePax focuses on providing financing solutions for small businesses. The company has engaged in four deals to date, with the latest funding round occurring in August 2011, when Centuria Ventures completed a Seed round, raising a total of USD 50,000. There is no mention of company pivots or subsidiaries.
VenturePax specializes in providing alternative financing solutions tailored for small businesses, bridging the gap between traditional bank financing and high-cost lenders. Their services enable faster access to capital for small to medium-sized enterprises, particularly those underserved by conventional financial institutions. VenturePax generates revenue through a structured transaction model emphasizing transparent lending practices, engaging in direct-to-consumer financing. Clients pay a fixed fee for loan services, which vary based on their specific needs.
This strategy encompasses a range of financing solutions, fostering sustainable growth while maintaining ethical lending practices. With the recent Seed round funding completed in August 2011, VenturePax plans to design and launch new financial products aimed at enhancing accessibility for small businesses. The company is targeting expansion into additional geographic markets across the United States, aiming to broaden its reach and impact. The funds raised will be utilized to support these initiatives and enhance product offerings to better serve their customer base.
Current Investors
CincyTech, The Brandery, Centuria Ventures
Primary Industry
Software
Sub Industries
Multimedia & Graphics
Website
www.venturepax.com
Verticals
Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
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