Tech Company Financing Transactions
Translucent Funding Round
On 3/30/2023, Translucent raised $3.3 million in Seed funding from LocalGlobe and private investors.
Transaction Overview
Company Name
Announced On
3/30/2023
Transaction Type
Venture Equity
Amount
$3,316,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Hikenield House East Anton Court Cknield Way, Andover
Hampshire, SP10 5RG
UK
Hampshire, SP10 5RG
UK
Phone
Undisclosed
Website
Email Address
Overview
Translucent is the CFO super-app that solves the everyday problems of multi-entity finance teams. Translucent connects to existing accounting solutions to create a single system of record for multi-entity businesses. Translucent Apps are built on top of the consolidated data to manage accounting workflows.
Management Team
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About Database of VC Transactions
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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