Tech Company Financing Transactions
WiseLayer Funding Round
WiseLayer, operating out of New York, secured $7.2 million in investment from Canaan Partners, K5 Global and The Fintech Fund.
Transaction Overview
Company Name
Announced On
1/28/2025
Transaction Type
Venture Equity
Amount
$7,200,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the continued development of its task-specific AI workers, each of whom automates a highly-manual complex recurring process performed by finance and accounting teams.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
360 West 31st Street, 6th Floor
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Undisclosed
Website
Email Address
Overview
WiseLayer's team of finance & AI experts has built fintech products for hundreds of companies during the past decade, from growth-stage firms to the Fortune 500. Finance & accounting teams have some of the most brilliant people at any company - yet their brainpower is often spent on recurring administrative & compliance tasks like accruals, reconciliations, and more.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Josh Stein
Chief Technical Officer
Vik Bellapravalu
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