Settle is a cash-flow management platform that centralizes procurement, inventory tracking, and accounts payable for consumer brands, enabling automated purchase orders and vendor payments. By providing transparent financing options and real-time inventory insights, Settle helps brands optimize cash flow and scale operations efficiently.
Funding
$145M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
SVFounders
Product
Problem
Consumer packaged goods (CPG) brands often struggle with fragmented systems for procurement, inventory management, and accounts payable, leading to inefficiencies and hindering cash flow optimization. Managing purchase orders, tracking inventory across multiple channels, and processing vendor payments can be time-consuming and error-prone.
Solution
Settle offers a unified platform designed to streamline procurement, inventory tracking, and accounts payable processes for CPG brands. The platform automates purchase order creation, provides real-time inventory visibility across channels like Shopify and Amazon, and simplifies vendor payments with customizable approval workflows. By centralizing these functions, Settle enables brands to optimize their cash flow, reduce operational costs, and scale their businesses more efficiently. Integrated access to transparent financing options further supports strategic growth.
Target Audience
Settle primarily targets consumer packaged goods (CPG) and e-commerce brands looking to streamline their procurement, inventory management, and accounts payable processes to improve cash flow and scale operations.
Features
- Automated purchase order generation and management
- Real-time inventory tracking and synchronization across multiple sales channels (e.g., Shopify, Amazon, WMS)
- Automated landed cost calculation for accurate inventory valuation
- Accounts payable automation with customizable approval workflows
- Seamless integration with accounting software such as Quickbooks, NetSuite, and Finaloop
- Proactive replenishment alerts to prevent stockouts
- Automated three-way matching to prevent overpayment to vendors
- Access to working capital with transparent credit terms