Jump to section
To help business owners find the right financing for their short and long term needs, so that they can grow their business without giving away equity.
27% female employees
Bags is a funding marketplace and community for underrepresented US organizations and projects that looking to grow without handing over equity to VCs. Through the Bags online directory, users can access a spread of business-critical resources like funding opportunities, business development guidance, and educational content. Through access to these resources, which may otherwise be difficult for some groups, Bags promotes diverse entrepreneurship as a vehicle for greater financial inclusion.
Whilst engagement figures are hard to judge, there’s a healthy spread of new features and resources that Bags has built out since its relatively recent launch. It’s signed up partnerships with companies like ADmission, SLAP, and TONL, launched a Flowcode-sponsored Watt Program Pilot, and a guidance and funding program called Impact 5x.
This is a good start, and maintaining this kind of flexibility of purpose will give Bags the breadth and agility to remain relevant to the changing needs of its target community. There are already around 30 million small businesses in the US, with this number growing as more people pivot towards entrepreneurship. So Bags has a strong market to play to.
Freddie
Company Specialist at Welcome to the Jungle
Oct 2022
$3m
SEED
Jan 2020
$1m
SEED
Daniel Taylor
(Co-founder and CEO)A serial entrepreneur, who previously co-founded AskTipster (acquired by the dtx company), BlocSide Sports, the AJAX Academy in Dubai, and Only4stars, and worked on the founding team of Flowcode. Is also a co-owner of Dundalk Football Club.
Ignacio Semerene
(Co-founder)Co-Founder and Head of Product at Bags. Former Chief of Staff and Director at Monzo Bank in the UK. Brown University alum.
William Hayden
(Co-founder)Worked in business development at Harrow Sports, then Next Level Resource Partners, before moving into an account executive role at Brunswick Group. Then pivoted into various tv and film content production roles at UM Worldwide, Please Don't Touch the Art (which he founded), and TRAVERSE32.
Ignacio Semerene (Co Founder)
All
Meaningful work (3)
Focus on employee wellbeing (2)
Opportunities to learn (1)
Autonomy (1)
Nice people (1)
Open and honest communication (1)
Great work is recognised (1)
Diversity is a priority (1)
Inspiring mission (1)
AMP is so responsive to our customers and our market that we are always innovating and building on the best ways to serve our community. AMP gives you so much room to engage in research and learning as a means to keep our product and practices meaningful and cutting edge. Your knowledge is always celebrated.
Design
Opportunities to learn
Jun 2022
AMP is driven by the goal to making funding accessible to diverse folks. All of the work we do is grounded in our want to support small businesses grow and scale so they can support their communities.
Design
Meaningful work
Jun 2022
Our team is super open, communicative and caring. It definitely feels like a group of friends, not just co-workers. The ability to be honest about the days we need off, our working styles and how we want to tackle tasks is both encouraged, supported and appreciated.
Design
Focus on employee wellbeing
Jun 2022
The company is very understanding that mental and physical health comes first. Employees can take as many personal days off as needed to focus in their health. This inspires you to work as hard as you can, and once breaks are needed, take advantage of them to recharge.
Product
Focus on employee wellbeing
Jun 2022
AMP is fighting to bring balance to the entrepreneurial landscape. Diverse and minority entrepreneurs have a significant lack of access to capital and the company is working to change that by connecting founders to funding opportunities.
Product
Inspiring mission
Jun 2022
As a fast growing startup, employees have the chance to take a significant amount of workload, which creates greater opportunity to make an impact within the company. If you work hard and show progress, the whole company has visibility to your effort's outcomes, so recognition, by both management and fellow co-workers, is always given.
Product
Great work is recognised
Jun 2022
This team is all about empowering people with more autonomy over their work. Focusing on output not input. I love how much trust and freedom we have to contribute and make decisions. AMP truly gives people the ownership and opportunity to make an impact.
Operations & Strategy
Autonomy
Jun 2022
Knowing that what we do every day helps to increase financial diversity and inclusion by allowing businesses that would otherwise fail, to survive is extremely rewarding. I love speaking to diverse entrepreneurs to hear about their journey and how much they've impacted and strengthened their community.
Operations & Strategy
Meaningful work
Jun 2022
Diversity is a superpower which is why we work hard to help millions of diverse-owned businesses get access to funding. And to be successful we believe that our team needs to represent who we are serving.
Operations & Strategy
Diversity is a priority
Jun 2022
It makes a difference to do work that feels important, exciting, and challenging, and AMP is on a big mission to solve major inequities in entrepreneurship (a mission that I'm all in on).
Operations & Strategy
Meaningful work
Jun 2022
AMP is a tight-knit team of folks who care about each other, from saying hi every morning to engaging critically on each other's work (mapped to each individuals feedback preferences), we have fun and get things done.
Operations & Strategy
Open and honest communication
Jun 2022
The AMP team puts the humans of AMP first, and it's amazing to see a group of people with different backgrounds, perspectives, and assets come together and care about each other before anything else.
Operations & Strategy
Nice people
Jun 2022