# Pipe

> Pipe provides embedded working capital for small businesses through software platforms, payment providers and marketplaces. Its flagship product uses transaction data to generate capital offers, charges a flat fee and collects payments as a percentage of sales. Partners include Boulevard, GoCardless, Housecall Pro, Uber and Live Payments.

- **Founded:** 2019
- **Headquarters:** San Francisco, United States
- **Founders:** Harry Hurst (Co-founder; former co-CEO), Josh Mangel (Co-founder; former co-CEO), Zain Allarakhia (Co-founder; former CTO)
- **Products:** Pipe Capital, Pipe Business Card, Glean.ai spend management, Partner Portal and capital integrations
- **Notable:** US$2 billion historical valuation in May 2021., More than 15,000 capital advances and over US$300 million originated since the 2024 relaunch, reported April 2026., Company reported 20% of cumulative originations outside the US by April 2026.

## Products & services

- **Pipe Capital** — Embedded merchant cash advances based on business transaction data, with a flat fee and payments tied to sales. Flagship product relaunched in 2024.
- **Pipe Business Card** — Embedded business card program announced in October 2024; current partner availability should be confirmed directly.
- **Glean.ai spend management** — AI-powered bill payment and spend analysis acquired in April 2025; Glean.ai remained available directly following the deal.
- **Partner Portal and capital integrations** — Hosted flows, embedded UI and customizable APIs, with developer resources and partner activity reporting.

## Achievements

- US$2 billion historical valuation in May 2021.
- More than 15,000 capital advances and over US$300 million originated since the 2024 relaunch, reported April 2026.
- Company reported 20% of cumulative originations outside the US by April 2026.
- Acquired Glean.ai in April 2025.

## Latest updates

- **2026-06** — Published CEO Claurelle Rakipovic’s Women Leading the Way podcast conversation.
- **2026-04** — Raised US$16 million equity; Marlon Nichols joined the board. Reported nearly doubled Q1 revenue year over year.
- **2026-04** — Disclosed up-to-US$225-million Victory Park warehouse facility and Epos Now partnership.
- **2025-12** — Announced Claurelle Rakipovic as CEO, replacing Luke Voiles; also announced Australian expansion with Live Payments.

## Links

- Website: https://pipe.com/
- LinkedIn: https://www.linkedin.com/company/pipetechnologies/
- Twitter/X: https://twitter.com/pipe
- Facebook: https://facebook.com/growonyourterms/

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Profile page: https://yespress.io/pipe
Published by YesPress — https://yespress.io
Last updated: 2026-09-30