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Exponent Secures $7.7M Series A

Recently funded · $7.7M Series aFinancial ServicesUSView source

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Exponent, a financial technology platform built specifically for quick-service restaurants (QSRs) and franchise operators, has secured $7.7M in Series A funding. The capital infusion will support its mission to provide industry-specific credit cards, automated spend management, and flexible financing solutions, aiming to help franchisees maximize cash back and streamline financial operations.

The round saw participation from investors including Era, Chailease International Leasing Co. Ltd., K8, and HAZA Foods, LLC, alongside NBA player Kyle Kuzma. Exponent positions itself as a faster alternative to traditional banks and SBA loans for franchise owners seeking capital and real-time financial visibility.

From the source

Kieran · May 14, 2026

NYC Founder Spotlight: This Week's Fundraising Wins! Another strong week for New York founders building across franchise fintech, business banking infrastructure, institutional blockchain, stablecoin verifiability and healthcare AI.

This week's highlights include: Exponent, InstaSwitch, Digital Asset, Boundary Labs & Forus. Exponent: Founded in 2024 by Sohel Roopani, this two-year-old New York startup provides financing, charge cards and AI-powered expense management tools for multi-unit franchise operators. It raised a $7.7 million Series A co-led by Era and Chailease International Leasing Co. Ltd., and K8 , Kyle Kuzma, HAZ

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