Scaleup Finance has announced an US$8million (£6.4million) pre-Series A round to ‘solve the challenge of financial management’ for start-up and scale-up companies.
Led by Inveready, alongside Crowberry Capital, Seed X, PROfounders, Fin Capital and CircleRock Capital, the funds will be used to help drive continued growth in the UK and prepare for future expansion into the US.
Scaleup Finance enables start-ups to streamline financial planning and analysis, automate financial reporting and navigate the complexities of financial management with ease. Launched in Denmark in 2021, Scaleup Finance expanded into the UK market in 2022, achieving a 1,000% growth within the year.
Co-founder and CEO, Alexander Sonne Wulff, said: “With Scaleup Finance, founders now have a platform that automatically delivers the data and insights your stakeholders need, whilst enabling them to spend more time on building and growing their business.”
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