FundedIQ
Financial Services

Ratio: Funding, Investors & Team (Sep 2026)

Ratio is a new kind of Buy-Now-Pay-Later for Tech companies. It helps companies amplify revenue and finance growth with non-dilutive capital

www.ratiotech.com LinkedIn San Mateo, United States 11-50 employees
Finance Funding Platform Service Industry
Total raised
$416M
Rounds
2
Latest
Undisclosed round
Apr 2026

Ratio has raised $416M across 2 funding rounds on record, the most recent an undisclosed round of $15.8M announced in Apr 2026.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Ratio Company Profile and Key Stats

Total funding raised
$416M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$15.8M in Apr 2026
Employees
11-50
reported band
Headquarters
San Mateo, United States

Latest funding round on record: Apr 2026.

Ratio Funding Rounds

Date
Round
Amount
Undisclosed round
$15.8M
Debt Financing
$400M

Ratio raised $400M in a Debt Financing announced in Sep 2022.

3.6 years later, an undisclosed round of $15.8M was announced in Apr 2026.

Ratio Founders and Leadership Team

Name
Role
Contact
Ashish Srimal
Founder
Locked
Mason Blake
Founder
Locked

Contact details for the Ratio team: 2 of 2 have an email address on file.

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Ratio Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Ratio's latest round of $15.8M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Ratio in Financial Services and San Mateo

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Ratio Funding FAQs

What does Ratio do?

Ratio is a new kind of Buy-Now-Pay-Later for Tech companies. It helps companies amplify revenue and finance growth with non-dilutive capital

How much funding has Ratio raised?

Ratio has raised $416M across 2 rounds on record. The most recent is an undisclosed round of $15.8M announced in Apr 2026.

When did Ratio last raise funding?

Ratio's most recent funding round on record is an undisclosed round of $15.8M, announced in Apr 2026.

Who founded Ratio?

FundedIQ lists Ashish Srimal (Founder), Mason Blake (Founder) at Ratio.

Where is Ratio headquartered?

Ratio is based in San Mateo, California, United States.

How many employees does Ratio have?

Ratio is in the 11-50 employee band.

How does Ratio's funding compare to other Financial Services startups?

Ratio's latest round of $15.8M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Ratio Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Ratio is left off this page rather than filled in.

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