Bonfire Ventures

Branch raises $48M from Lee Fixel’s Addition & Indeed

Branch, a workforce payments company aiming to enhance financial wellness and payment flexibility for workers, raised $48 million in a funding round led by Lee Fixel’s Addition with participation from Indeed to support its growth and product expansion.

Branch, a company focused on workforce payments, has raised $48 million in funding. The round was led by Lee Fixel’s Addition and included participation from Indeed. The announcement was made on August 17, 2021.

Branch provides solutions to help businesses streamline payments to their workforce, aiming to improve financial wellness and flexibility for workers. The new funding will support Branch’s continued growth and expansion of its product offerings.