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Wholesail

paywholesail.com

Wholesail is a technology startup that builds software to connect wholesalers and their buyers. The company’s first product is an automated invoicing, payment and communication platform that integrates with the accounting systems of wholesale sellers to allow them to get paid faster and decrease losses. For buyers, Wholesail automates the accounts payable process to save them time and money. Wholesail’s initial industry focus is on building a network effect driven payment business in the highly fragmented $1+ trillion US food and beverage distribution market, in which invoicing and payment is nearly entirely manual and paper-driven today. Wholesail was founded by a team of serial entrepreneurs, product managers, engineers and designers who have worked together for nearly a decade. The company is well funded with backing from several venture capital firms and angel investors including early executives and team members from Stripe, Square, Dropbox, Yelp, OpenTable and Everlane.