Startup profile · funding coverage
Dwolla
ACH payments API rebuilding bank-transfer infrastructure for fintechs and platforms.
Stage
growth
Status
private
Coverage
full
Why Dwolla is interesting
An early a16z fintech infrastructure bet alongside USV and Thrive — a precursor to modern embedded payments stacks.
Key facts
- Series C (Apr 2013): $16.5M led by a16z; Union Square Ventures and Thrive Capital participated (TechCrunch)
Investors in our directory
Funds linked from Dwolla's profile — open a fund page for stage focus and related deal articles.
Industries
Fintech Developer Tools
Industry hub pages are rolling out from our fund-derived baseline taxonomy.
Related funding articles
Venture Capital Tracker pieces that cover Dwolla's financing or category context.
FAQs about Dwolla
Funding context and why this company shows up in venture coverage.
Dwolla offers APIs for ACH bank transfers — enabling platforms to move money between U.S. bank accounts with identity verification and compliance tooling.
Andreessen Horowitz (/fund/andreessen-horowitz) led the $16.5M Series C in April 2013. Union Square Ventures (/fund/union-square-ventures) and Thrive Capital (/fund/thrive-capital) participated.
Dwolla's last major VC round was a Series C in 2013. It has operated as a private payments infrastructure company since.
Dwolla was an early mover in programmable ACH — paving the way for embedded bank payments before Plaid-style account linking became ubiquitous.
No. Dwolla is privately held as of July 2026.
Last updated: 2026-07-24