Dealflo, a London, UK-based provider of end-to-end financial agreement automation services, raised £10m in funding.
The round was led by Holtzbrinck Ventures, with participation from Notion Capital and Frog Capital.
The company, which has raised £13.5m in total funding, intends to use the capital to expand its commercial operations into new sectors and geographies, as well as invest in its innovative product roadmap.
Founded in 2012 and led by Abe Smith, CEO, Dealflo provides financial agreement automation services. The services protect users by ensuring that all agreements comply with the mandated process whether being signed online, in a retail store or alongside an intermediary.
The company, which processes more than $10bn of financial transactions annually for companies including BNP Paribas, BMW and Prudential in a single service, has has more than 60 employees across UK, North America and EMEA.
FinSMEs
27/02/2017