“C2FO is proud to be from Kansas City, where so many local companies helped give us our start,” said Sanjay Gupta, President & Chief Operating Officer, C2FO.
The amount raised by C2FO from Allianz X and Mubadala Investment Company is the “largest investment for a Kansas City-area company” according to the Kansas City Business Journal.
The investment will help support strategic initiatives such as international growth, additional working capital solutions, and growing the C2FO customer community. However, the benefit Sandy Kemper, C2FO CEO, is most proud of, is that it allows the company to offer liquidity to associates that have a vested stock interest.
“It’s one thing to talk about ownership, but it’s another to receive a tangible benefit in the form of cash for ownership. So creating liquidity for each one of our individual shareholders is a high point of this for me,” said Kemper.