Banktrack secures €2M in a Seed round led by Kfund, 4 Founders Capital, and LifeX to enhance treasury management software
May 29, 2024•over 1 year ago
Amount Raised
€2 Million
Round Type
seed
Investors
EnisaLife X4 Founders CapitalKfund
Description
Banktrack, a Spanish treasury management software for SMEs, has raised €2M in a Seed round. The capital will be used to enhance the functionalities of the treasury monitoring software and expand the customer service and sales teams to accelerate growth in Spain before expanding to other international markets.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers