VC-backed Fundbox announces three appointments


San Francisco-based Fundbox, a provider of small business credit and payment solutions, has named Rose Zhong as vice president of finance, Sebastian Rymarz as chief business officer and Prashant Fuloria as chief operations officer. Zhong is a former finance executive at Uber. Rymarz initially joined Fundbox to help set corporate strategy and build out the finance, risk and analytics teams while Fuloria first came on board as the firm’s chief product officer. Fundbox’s backers include Spark Capital Growth, Bezos Expeditions, General Catalyst Partners, Khosla Ventures, SV Angel and former CitiGroup CEO Vikram Pandit.

PRESS RELEASE

SAN FRANCISCO, Nov. 15, 2017 /PRNewswire/ — Today Fundbox, a leader in small business credit and payment solutions, announced the addition of former Uber finance executive Rose Zhong as Vice President of Finance, and expanded the leadership roles of Sebastian Rymarz to Chief Business Officer and Prashant Fuloria to Chief Operations Officer.

Before joining Fundbox, Zhong held senior leadership positions at Uber within the Marketplace Product and Finance organization. Her contributions at Uber include running global pricing strategies, managing the US P&L and driving a billion-dollar marketing and incentive budget. Prior to Uber, Zhong led business analytics at Apple, specifically for iTunes TV & Movies, Apple TV, and iTunes Education products. As Vice President of Finance, she will report directly to Fundbox founder and CEO, Eyal Shinar.

Rymarz, who joined Fundbox as the company’s first San Francisco hire to help set corporate strategy and build out the Finance, Risk and Analytics teams, will now assume the role of Chief Business Officer overseeing sales, marketing, business and corporate development. Fuloria, who joined Fundbox as the company’s Chief Product Officer, will take on the role of Chief Operations Officer, managing technology, product design and development, and business operations. Prior to Fundbox, Fuloria held numerous executive roles at Yahoo, Google and Facebook.

“In 2017, we saw our disciplined investment in AI succeed beyond expectations, enabling us to acquire and serve our customers in a highly scalable and effective way,” said Eyal Shinar, founder and CEO, Fundbox. “With the addition of Rose and the expanded roles for Sebastian and Prashant, we are ready for even faster growth in 2018.”

Fundbox’s proprietary technology allows the company to tap into multiple data sources to assess risk in order to qualify and extend credit to approved SMBs. The data Fundbox collects goes into its Small Business Graph, which describes its customers and their dynamic interactions with other businesses. Fundbox works with over 60,000 SMBs and can see 13 million businesses on the Small Business Graph. Fundbox was recently recognized as a Billion Dollar-Startup to watch in 2017 by Forbes.

About Fundbox:
At Fundbox, our mission is to simplify and improve the way that small businesses pay and get paid. We use cutting-edge technology, data science, and common sense to give small businesses greater access to financial solutions that help them succeed and grow. We are funded by leading Silicon Valley entrepreneurs, finance veterans, and venture capitalists, including Spark Capital Growth, Bezos Expeditions (the personal investment arm of Jeff Bezos), General Catalyst Partners, Khosla Ventures, SV Angel, former CitiGroup CEO Vikram Pandit, and other prominent investors. For more information, please visit www.fundbox.com.

Take your pick!

  • Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
  • VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.