HomeIsraelGaviti Raises $9M in Series A Funding

Gaviti Raises $9M in Series A Funding

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Gaviti, a Tel Aviv, Israel-based automation system designed to help companies collect and manage client invoices, closed a $9m Series A funding.

The round was led by Flashpoint with participation from Moneta VC, North First Ventures, TAU Ventures, and LETA Capital.

The company intends to use the funds expand its services.

Led by Yan Lazarev, Co-founder & CEO, and Alex Komarovsky, CTO, Gaviti is a Software-as-a-Service (SaaS) company that specializes in receivable collections acceleration. The system maps out the collection process to spot inefficiencies and optimize a team’s procedures. Gaviti integrates with any online accounting software (SAP, QuickBooks, Priority ERP, Netsuite, etc.) to import clients’ data and updates in real-time. Instantly send reminders to clients via customizable workflows that ensure that each client is receiving the right message at the right time. The interactive dashboard provides insightful analytics, displays an up-to-date aging report, and increases visibility so that you can keep everyone on your finance and sales teams informed.

FinSMEs

05/04/2022

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