Better Ventures leads seed funding of marketplace SMBX

SMBX, which operates a small business bonds marketplace, has raised $2.5m in seed from Better Ventures, Impact America Fund, Unpopular Ventures and others.

San Francisco-based SMBX, which operates a marketplace for buying and selling small business bonds, has raised $2.5 million in a seed-stage funding. Better Ventures led the funding with participation from Impact America Fund, Unpopular Ventures and others. The company, founded in 2016, said its services open up new pathways of capital for small business owners impacted by covid-19.

Source: Company press release