How much did BTrust raise?

BTrust raised $1.5 Million in a Seed round on May 20, 2024.

Who invested in BTrust?

Three Other Angel Investors and Invexor are named as investors in this round.

BTrust secured $1.5m in seed funding led by Invexor to enhance its AI solution and expand operations.

PRIVATEMay 20, 2024

Amount Raised

$1.5 Million

Round Type

Seed

Las CondesE CommerceFintechLogisticsSaaS

Investors

Three Other Angel InvestorsInvexor

Description

Chilean FinTech company BTrust has successfully raised $1.5m in a seed round led by Invexor. The funding will be used to expand its operations and enhance its AI solution to prevent invoice fraud by detecting and alerting on anomalous behaviors.

Quick answer

BTrust raised $1.5 Million in a Seed round, dated May 20, 2024. Investors: Three Other Angel Investors and Invexor. BTrust is based in Las Condes, Santiago Metropolitan Region, Chile.

How much did BTrust raise?: BTrust raised $1.5 Million in a Seed round on May 20, 2024.
Who invested in BTrust?: Three Other Angel Investors and Invexor are named as investors in this round.
What does BTrust do?: btrust.finance is a SaaS company that provides Supply Chain Finance solutions for corporates and their suppliers (with a positive and measurable impact on ESG indicators).
Where is BTrust based and how big is it?: BTrust is based in Las Condes, Santiago Metropolitan Region, Chile.

Source: Fundz verified event record.

Who else raised in E Commerce and Fintech around the same time

Companies in the same sectors as BTrust that raised within 45 days of this round, from Fundz verified event records.

Tucán raised $42K on June 26, 2024.
Vortex IQ raised $1M (Seed) on July 2, 2024.
Conduit raised $37M (Series A) on June 30, 2024.
Chift raised $2.5M (Seed) on June 24, 2024.
Numerated raised an undisclosed amount (Corporate Round) on June 20, 2024.
POP raised $2.4M (Seed) on June 19, 2024.

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Company Information

Company

BTrust

Location

Las Condes, Santiago Metropolitan Region, Chile

About

btrust.finance is a SaaS company that provides Supply Chain Finance solutions for corporates and their suppliers (with a positive and measurable impact on ESG indicators). We create a digital ecosystem where companies can optimize their cash flow and working capital through their invoices, accessing a competitive investment funds network to fund early payments. Our simple, fast and digital experience lead us to reach the entire supplier base improving its financial health having a positive impact on the ESG metrics.

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BTrust 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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