Uplinq Secures $5.6 Million In Seed Funding To Revolutionize Automated Bookkeeping And Financial Intelligence For Smbs
Amount Raised
$5.6 Million
Round Type
Seed
TorontoFinancial ServicesFinanceFintechLendingInvestors
Description
Uplinq, the tech-powered company that provides advanced bookkeeping solutions through data automation and machine learning, today announced it has raised $5.6 million in seed funding to revolutionize how small business owners manage bookkeeping and provide a more streamlined way of accessing financial data to empower small-to-medium-sized business owners (SMBs) with actionable insights. The funding was led by AZ-VC, the Arizona-focused venture capital fund that is uniquely focused on supporting emerging technology companies throughout the state. The round included a strategic investment from Live Oak Ventures, the fintech-focused venture arm of Wilmington, NC-based Live Oak Bank, one of the biggest SBA lenders that knows firsthand the struggles of bookkeeping for small businesses. Additional investors include Merus Capital and Members of the Kuwaiti Royal Family.
Quick answer
Uplinq raised $5.6 Million in a Seed round, dated December 8, 2022. Investors: Merus Capital, Live Oak Ventures and Az VC. Uplinq is based in Toronto, Ontario, Canada.
- How much did Uplinq raise?
- Uplinq raised $5.6 Million in a Seed round on December 8, 2022.
- Who invested in Uplinq?
- Merus Capital, Live Oak Ventures and Az VC are named as investors in this round.
- What does Uplinq do?
- Uplinq Financial Technologies is the first global credit decisioning support platform for small business lenders.
- Where is Uplinq based and how big is it?
- Uplinq is based in Toronto, Ontario, Canada.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Uplinq that raised within 45 days of this round, from Fundz verified event records.
- Monarch raised $1M (Seed) on January 13, 2023.
- KreditBee raised an undisclosed amount (Funding Round) on January 6, 2023.
- Pagaya Technologies raised $17M on January 5, 2023.
- Akulaku raised $200M on December 26, 2022.
- Recognise Bank raised $30M (Funding Round) on December 23, 2022.
- Bitwave raised $15M (Series A) on December 6, 2022.
Who to call at Uplinq, and when
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