Sanlo, a San Francisco, CA-based provider of a financial OS for game and app developers on a mission to bring financial independence and control, raised USD10m in Series A funding.
The round was led by Konvoy with participation from existing investors (Initial Capital, Portage Ventures, XYZ Venture Capital, London Venture Partners, Ā Index Ventures) and new investors (Fin Capital, GFR Fund and a number of angel investors).Ā
The company intends to use the funds to scale its financial OS and bring $200M of developer-friendly Growth Capital to game and app developers.
Sanlo provides a platform that combines financial insights about a company and its products with access to non-dilutive capital for scalable growth. Developers securely connect data sources and within hours have their data in a single destination that lets them receive and manage non-dilutive growth capital.Ā
The company partnered with HCGFunds to expand its pool of capital to $200m so it can be available for developers to scale.
FinSMEs
02/06/2022