Slash Raises $100M Series C at $1.4B Valuation Led by Ribbit

Slash Financial raised $100 million in a Series C funding round at a $1.4 billion valuation, led by Ribbit Capital and co-led by Khosla Ventures and Goodwater Capital. The round brings total funding to $160 million, following a $41 million Series B at $370 million valuation just 16 months prior. Returning investors New Enterprise Associates and Y Combinator participated for a fourth time. The San Francisco-based company, founded by CEO Victor Cardenas and CTO Kevin Bai, generates $300 million in annualized revenue profitably while serving 5,000 customers across industries like affiliate marketing, e-commerce, healthcare, home services, and crypto.