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Expansion Capital Group offers a suite of financing solutions, providing working capital, accounts receivable factoring, equipment leasing, and various business loans, including SBA-backed options. The firm distinguishes itself by deploying innovative technology and data analytics to streamline the capital delivery process, enabling quick approvals, often within four hours. This approach delivers efficient and responsive financial support designed to be a faster alternative for businesses unable to wait for traditional banking channels.
The company was founded in 2013 by Vincent Ney, an entrepreneur who recognized the inherent difficulties small businesses faced in securing timely capital. His insight into these challenges led to the establishment of Expansion Capital Group, with a core mission to simplify and accelerate access to funding for business owners. Ney’s leadership has guided the firm’s development of a platform that addresses critical market gaps in small business finance.
Expansion Capital Group serves a broad base of small businesses across more than 700 industries nationwide, along with strategic partners who work closely with the small business ecosystem. The company’s vision centers on "Funding What's Next," aiming to dismantle obstacles to capital access and foster an environment where growth knows no bounds. They are dedicated to empowering entrepreneurs by providing rapid and effective financial tools for expansion.
Expansion Capital has 3 tracked investments across 3 companies. The latest tracked deal is $100.0M Series C in Yieldstreet in June 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 1, 2021 | Yieldstreet | $100.0M Series C | Mitch Caplan | IVP, Lampros Capital Partners, Lightshed Ventures, Primetime Partners, Raine Ventures, Sixty8 Capital, TQ Ventures, RON Zuckerman, Edison Partners, Gaingels, Greenspring Associates, Greycroft, Kingfisher Capital, The Raine Group, George Soros, TOP Tier Capital Partners |
| Apr 1, 2014 | The RealReal | $20.0M Series C | — | Able Partners, Caffeinated Capital, Canaan Partners, Felix Capital, Greycroft, Headline, InterWest, Lightspeed Venture Partners, Tony Florence, Jeff Richards, Ribbit Capital, Science, Streamlined Ventures, Tekton Ventures, Trinity Ventures, Version ONE Ventures, Wildcat Ventures, Andy Rankin, MO EL Bibany, Scott Banister, Canaan Partners, DBL Partners, EVentures, Interwest Partners |
| Dec 1, 2012 | CompStak | $570K Seed | Dave Mcclure | Betaworks Ventures, Bling Capital, BoxGroup, Khosla Ventures, Summit Partners, WGI Group, Chung NG, Greg Kidd, Jonah Goodhart, Matthew Grodin, Ryan Slack, Silicon Badia |