Case Study: Thousand Fell achieves faster growth and extended runway with Settle

Thousand Fell grows from 4 to 20 employees with Settle

Thousand Fell, a creator of recyclable sneakers with a closed-loop production system, faced the challenge of optimizing its cash flow and extending its runway after securing venture financing. The small team needed a central platform for bill pay visibility that could scale with their growth. Their fractional CFO recommended the vendor Settle for its bill pay and financing tools.

By implementing Settle's platform, which integrated seamlessly with their QuickBooks software, Thousand Fell gained a strategic financial partner. The results included expanding from 4 to 20 employees, increasing their Settle credit lines, and raising follow-on venture capital from a position of strength. Settle became a non-negotiable part of their financial stack, enabling stable growth.

Thousand Fell