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§ Private Profile · London, United Kingdom
TRIVER is a technology company.
TRIVER builds a financial technology platform designed to provide small businesses with instant access to short-term capital. The company addresses the pervasive issue of capital shortage faced by SMEs due to extended payment terms by offering extraordinary financial tools. Leveraging advanced technology, TRIVER streamlines working capital financing, eliminating the need for extensive paperwork or personal guarantees and providing rapid funding solutions.
The company was founded by Jerome Le Luel, who serves as its CEO. Le Luel brings over 25 years of experience in advanced credit analytics from prominent lenders such as Capital One, Barclaycard, and Funding Circle. His insight stemmed from recognizing the substantial £150 billion capital deficit endured by UK SMEs due to average 55-day payment terms, which stifles economic growth. He saw an opportunity to resolve this critical funding gap through technological innovation.
TRIVER primarily serves small businesses and their owners, whom it views as the heroes of the real economy. The company's mission is to empower these business owners with accessible financial tools, ensuring their success and contributing to overall economic prosperity. TRIVER’s long-term vision aims to render working capital financing a problem of the past by consistently providing immediate and efficient capital solutions.
TRIVER has raised $219.0M across 6 funding rounds.
TRIVER has raised $219.0M in total across 6 funding rounds.
TRIVER is a London-based fintech startup founded in 2023 that provides instant cash flow financing to UK small businesses (SMEs) by advancing funds on unpaid client invoices without requiring debt, personal guarantees, or paperwork.[1][2][3][4] Its API-first platform enables seamless embedding into partners' systems, using Open Banking data and AI for automated credit decisions, offering facilities up to a percentage of turnover for flexible, 24/7 access to capital.[1][2][3] TRIVER targets the £150B cash flow gap from 55-day average payment terms affecting 5 million UK SMEs generating £1T in B2B turnover, serving businesses across industries to prevent failures from liquidity shortages.[2][4] With $36.85M raised (including £7M in late 2022 and $3.16M about a year ago), it has shown rapid funding momentum and partnerships like Elcom for public sector SME suppliers.[1][2]
TRIVER emerged in 2023 amid UK SMEs' chronic cash flow crisis, with founders leveraging expertise in small business risk management, AI, and fintech to build an automated receivable finance solution.[1][2][3] The idea stemmed from recognizing technology like Open Banking and advanced AI could solve the £150B invoice backlog, enabling instant capital "in a click" via an embeddable API—initially prototyped post-£7M VC raise in Q4 2022 from investors including Stride.VC (Fred Destin), Motive Partners (Mariano Belinky), and Axeleo Capital (Brice Lapouble).[1][2][3] Early traction focused on UK product buildout, with a prototype launch targeted for Q2 2023; the team, described as "low ego, high bar" fast-paced entrepreneurs, prioritized radical innovation for this societal issue.[2] Pivotal moments include collaborations like Elcom, allowing instant payments for public sector SME suppliers.[1]
TRIVER stands out in SME financing through:
These features position TRIVER as a game-changer for underserved SMEs, backed by investors praising its risk management edge.[3]
TRIVER rides the embedded finance and Open Banking wave, embedding capital tools into existing SME platforms to democratize access amid rising fintech adoption and regulatory support for data sharing in the UK.[1][2][3] Timing aligns with post-pandemic SME vulnerabilities—55-day terms fueling £150B shortages and business failures—where AI automation addresses legacy lending inefficiencies.[2][4] Favorable market forces include £1T B2B SME turnover ripe for disruption and partnerships amplifying reach (e.g., public sector via Elcom), influencing the ecosystem by enabling smaller suppliers to scale without cash constraints.[1] By powering "real economy" prosperity, TRIVER influences fintech evolution toward instant, inclusive solutions, potentially expanding beyond receivables.[2][3]
TRIVER's early $36.85M raise and prototype momentum signal strong growth potential in UK SME finance, with plans for geographic expansion and product diversification into broader small business services.[1][2] Rising AI fintech trends and Open Banking maturity will accelerate its embedded model, challenging incumbents while partnerships deepen ecosystem integration. Its influence could evolve from niche invoice financing to comprehensive "extraordinary financial tools," fueling SME resilience if it scales execution amid economic pressures—transforming cash flow from barrier to superpower, as its mission promises.[3]
TRIVER has raised $219.0M across 6 funding rounds. Most recently, it raised $154.1M Debt / Series A in September 2025.
TRIVER has raised $219.0M in total across 6 funding rounds.
TRIVER's investors include AlleyCorp, Avellinia Capital, Axeleo Capital, Clare Mitchell, Inkberry Ventures, Stride.VC, Motier Ventures, Pareto Holdings, Stride VC, Mandeep Singh, Christoph Pfundstein, Fred Destin.