Finmid raises $24.7M in a Series A round to expand its embedded fintech solutions for SMBs through marketplaces like Wolt.
Amount Raised
$24.7 Million
Round Type
Series A
BerlinProfessional ServicesFinancial ServicesInvestors
Description
Finmid, a Berlin-based startup, has raised €23 million ($24.7 million) in a Series A round to further develop its product and expand into new markets. The company values at €100 million ($107 million) post money. Finmid aims to help small and medium-sized businesses access capital via business partners, with a focus on providing financing options for marketplaces such as Wolt.
Quick answer
finmid raised $24.7 Million in a Series A round, dated April 16, 2024. Investors: Earlybird Venture Capital, Blossom Capital and Max Tayenthal. finmid is based in Berlin, Berlin, Germany.
- How much did finmid raise?
- finmid raised $24.7 Million in a Series A round on April 16, 2024.
- Who invested in finmid?
- Earlybird Venture Capital, Blossom Capital and Max Tayenthal are named as investors in this round.
- What does finmid do?
- finmid is Europe's leading lending infrastructure provider.
- Where is finmid based and how big is it?
- finmid is based in Berlin, Berlin, Germany. Fundz records about 11 employees.
- Who are the decision-makers at finmid?
- Fundz holds 1 contact at finmid. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Professional Services and Financial Services around the same time
Companies in the same sectors as finmid that raised within 45 days of this round, from Fundz verified event records.
- Sikich raised $250M on May 9, 2024.
- Hello Alice raised $130M (Series C) on April 4, 2024.
- Avise Financial Cooperative raised $50K (Pre-Seed) on March 19, 2024.
- Forward raised $16M (Seed) on May 31, 2024.
- PickMyWork raised an undisclosed amount (Seed) on May 31, 2024.
- Walacor Corp raised $625K (Seed) on May 31, 2024.
Who to call at finmid, and when
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- An alert the day finmid raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at finmid, from your own LinkedIn network
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Funding Insights
What this usually meansfinmid raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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