Slope Raises $65M Led By J.P. Morgan Payments

Slope, the AI-led B2B payments platform, has successfully raised $65 million in strategic equity and debt funding.

• Key Investors and Participants: The funding round was led by J.P. Morgan Payments, alongside participation from notable investors including Y Combinator and the new fund Saga by Jack Altman and Max Altman.

• Purpose of Funding: The capital infusion will primarily be used to scale operations as Slope continues to serve some of the world's largest enterprises.

• Company Background: Founded in late 2021 by Lawrence Lin Murata and Alice Deng, Slope operates out of Silicon Valley and is committed to transforming B2B transactions through innovative technology.

• Partnership with J.P. Morgan: J.P. Morgan Payments has selected Slope to enhance client access to short-term financing solutions, extending payment terms for business customers through Slope’s platform.

• CEO's Perspective: Lawrence Lin Murata, CEO of Slope, expressed excitement about the partnership with J.P. Morgan and highlighted the potential to further digitize the B2B economy.

With this funding, Slope is poised to accelerate innovation in B2B payments, leveraging AI to streamline operations globally.