Who founded Affirmed?

Affirmed was founded by Hassan Ahmed in 2010.

Who are Affirmed's investors?

Affirmed's investors include Bessemer Venture Partners, Bloc Ventures, Centerview Capital Technology, CRV (Charles River Ventures), Lightspeed Venture Partners, Matrix, Qualcomm Ventures.

How much funding has Affirmed raised?

Affirmed has disclosed $38M raised across 1 round.

Where is Affirmed headquartered?

Affirmed is headquartered in Acton, US.

Affirmed

Acquired

Acton, US · Founded 2010 · 90 employees on LinkedIn · 7 known investors

Founders & leadership

Affirmed was founded in 2010 by Hassan Ahmed.

Hassan AhmedinFounder · Chairman and CEOExecutive Officer, Director at Affirmed Networks

Denis CashmaninChief Financial Officer2018–2020Chief Financial Officer at Onapsis

George HaleinVP Finance and AdministrationExecutive Officer at Affirmed Networks

Board

Jon AuerbachBoard director

Timothy BarrowsBoard director

Nael KassarBoard director

Robert GoodmanBoard director

Edward HooperBoard director

Cathy GrahamBoard director

Steven ElfmanBoard director

Investors · 7

Bessemer Venture PartnersRedwood City · $5M – $100M

Bloc VenturesLondon · $1.3M – $6.3M

Centerview Capital TechnologyPalo Alto

CRV (Charles River Ventures)Bay Area · $250K – $5M

Lightspeed Venture PartnersMenlo Park · $1.7M – $87M

MatrixSan Francisco · $100K – $10M

Qualcomm VenturesSan Diego · $5M

Reported raises · per SEC filings

Form D private placements

$38M disclosed across 1 round · 2019

▶$38MraisedFeb 2019 · 16 investors · Telecommunications

Rule 506(b)

Officers, directors & promoters on the filing

Denis CashmanExecutive Officer
Cathy GrahamDirector
Jon AuerbachDirector
Hassan AhmedExecutive Officer, Director
Steven ElfmanDirector
George HaleExecutive Officer
Timothy BarrowsDirector
Nael KassarDirector
Robert GoodmanDirector
Edward HooperDirector

Offering amount: $53M
Amount sold: $38M
First sale: Feb 2019
Incorporated: Corporation, Delaware
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Affirmed Networks Capitalizes on Market Momentum with Additional $38 Million Fundingprnewswire.com · Feb 2019

Affirmed Raises $38M for Global, Mobile Expansionlightreading.com · Feb 2019

Affirmed Networks Raises $38M in Funding - FinSMEsfinsmes.com · Feb 2019

Frequently asked questions

Who founded Affirmed?: Affirmed was founded by Hassan Ahmed in 2010.
Who are Affirmed's investors?: Affirmed's investors include Bessemer Venture Partners, Bloc Ventures, Centerview Capital Technology, CRV (Charles River Ventures), Lightspeed Venture Partners, Matrix, Qualcomm Ventures.
How much funding has Affirmed raised?: Affirmed has disclosed $38M raised across 1 round.
Where is Affirmed headquartered?: Affirmed is headquartered in Acton, US.