Sivo, a young ‘Stripe for debt’ led by a veteran operator, seems to have investors clamoring
Kate Hiscox is having a moment. Her company, Sivo, founded eight months ago, has already raised $5 million from investors at a post-money valuation of $100 million, and she says she is in active talks with others who would like her to consider accepting Series A funding from them.
Surely the attention owes partly to the fact that Hiscox is part of the newest graduating class of the popular accelerator Y Combinator, along with roughly 350 other companies. If there’s anything venture capitalists like, it’s freshly minted YC grads. Partly, fintech continues to be seen as a hugely lucrative area of investment.