Dots (YC S21)

General Information

Company Name

Dots (YC S21)

Founded Year

2021

Location (Offices)

San Francisco, United States +1

Founders / Decision Makers

Number of Employees

Industries

E-Commerce, Fintech, Marketplaces

Funding Stage

Seed

Social Media

Dots (YC S21) - Company Profile

Dots (YC S21) Analysis

Dots is a fintech startup founded in 2021 and based in the United States, with a mission to build the infrastructure to pay the next generation of earners. The company is focused on addressing the needs of marketplaces by providing a multichannel payouts API that allows them to pay their sellers in various methods including Venmo, Paypal, ACH, and Zelle.

As the gig economy continues to expand and more individuals earn a living as 1099 workers, marketplaces are increasingly seeking more flexible payout options. Dots' API simplifies this process by offering a comprehensive solution through a single interface.

The startup has recently secured a $3.00M Seed Round investment on 01 July 2023 from none other than the renowned startup accelerator, Y Combinator.

By catering to the evolving needs of the gig economy and the e-commerce industry, Dots presents itself as an innovative player in the fintech space, offering practical solutions to support the payment infrastructure for the next generation of earners.

Taxonomy: payment infrastructure, payout API, marketplace automation, multichannel payouts, flexible payout options, 1099 worker, Venmo, Paypal, ACH, Zelle, API integration, digital payments, marketplace economy