Tech Company Financing Transactions
Finaloop Funding Round
Lightspeed Venture Partners, Accel Partners and Aleph Venture Capital participated in a $35 million Series A funding round for Finaloop. This venture round was announced on 6/17/2024.
Transaction Overview
Company Name
Announced On
6/17/2024
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to further invest in its AI-driven e-commerce accounting software automation, its inventory management capabilities, as well as to expand its go-to-market and partnership efforts with accounting firms and data-driven marketing agencies.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
38 6th Ave
Brooklyn, NY 11217
USA
Brooklyn, NY 11217
USA
Phone
Undisclosed
Email Address
Overview
Finaloop reshaped bookkeeping so it fits your ecomm needs. With Finaloop, you get flawless financials and actionable real-time data that can keep up with your brand. Imagine spending close to ZERO time on maintaining your books and finally being able to focus on growing your business, making better decisions, and speeding past your competition.
Management Team
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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