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Anchor

Can an autonomous billing and collections platform become the financial operating layer for US professional service businesses, replacing fragmented AR workflows with end-to-end embedded payments and billing automation?

Founded2021
HQUnited States
Total raised$35M+
Latest roundSeries A, February 2025
IndustryFintech / Lending
The story

Anchor launched in 2021 as an autonomous billing and collections platform targeting US professional service businesses such as accounting, bookkeeping, and tax firms. Its core proposition is end-to-end automation of accounts receivable — covering proposals, agreements, invoicing, billing, and payments — reducing manual overhead for service-based SMBs. The Series A in 2025 signals an acceleration of its US expansion and embedded finance integrations, with banking-as-a-service infrastructure (via banking partners) underpinning its payment and billing rails.

Last 12 months
2025-02
Product timeline
2021
Anchor exits stealth with $15M seed round led by Rapyd Ventures, launching an autonomous billing and accounts receivable platform for US professional service businesses.· pivot
2025
Anchor raises $20M Series A led by Mosaic General Partnership and Zeev Ventures, plans to double workforce and expand US market presence.· banking
The stack
3 layers disclosed in Anchor’s embedded-finance stack
Payments / PSP
Stripe
Banking / BaaS
in the full report
Sponsor bank
in the full report
Accounting gap: none
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.