Austin, TX – According to filings with the U.S. Securities and Exchange Commission, Onramp Funds is raising $16,876,267.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Eric Youngstrom played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Onramp Funds
Onramp Funds innovative financing platform is purpose-built for eCommerce entrepreneurs. Our financial solutions fund your working capital needs, freeing your existing capital to invest in growth. With Onramp, you don’t pay for inventory until you receive your sales deposits! Our leadership team includes highly successful entrepreneurs behind ShippingEasy and CSIdentity and growth leadership with ShipStation, Shipworks, and Stamps.com. We understand the unique challenges eCommerce merchants face. The team brings 40 years of experience empowering small eCommerce businesses, bringing a dedication to delivering the cash SMBs need, when they need it, to grow and scale their businesses. No other financial product aligns as closely with the requirements and sales cycles of the eCommerce industry.

To learn more about Onramp Funds, visit http://www.onrampfunds.com/

Contact:
Eric Youngstrom, Chief Executive Officer
512-751-6722
https://www.linkedin.com/in/ericyoungstrom/

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