Fundz

Iink Payments Raises $2.8 Mm In Seed Round To Streamline P&C Claims Payments For The Restoration Industry

PRIVATEMar 18, 2022

Amount Raised

$2.8 Million

Round Type

Seed

TampaFinancial ServicesFinance

Description

iink Payments, a digital payments network that expedites the disbursement of funds associated with multi-party property insurance claims, announced it has raised $2.8 MM in seed funding led by Motivate Venture Capital. This included participation from Green Egg Ventures, Carolina Fintech Ventures, IU Ventures, and various industry partners. Additionally, Tony Ford, former CTO of Marqueta, will be joining iink's board. "I'm excited to bring my extensive knowledge of the payments space to revolutionize an industry that has long suffered from an antiquated and complex payments process," said Ford.

Quick answer

Iink raised $2.8 Million in a Seed round, dated March 18, 2022. Iink is based in Tampa, Florida, United States.

How much did Iink raise?
Iink raised $2.8 Million in a Seed round on March 18, 2022.
What does Iink do?
iink is a digital payments network that helps restoration professionals get paid more efficiently after an insured property loss.
Where is Iink based and how big is it?
Iink is based in Tampa, Florida, United States. Fundz records about 69 employees.
Who are the decision-makers at Iink?
Fundz holds 1 contact at Iink. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

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

  • Libsyn raised $887K (Seed) on April 26, 2022.
  • Glacier Bancorp raised $4.5M (Seed) on April 19, 2022.
  • Sun Life Financial raised $2M (Seed) on April 18, 2022.
  • Circle Internet Group, Inc. raised $400M (Funding Round) on April 12, 2022.
  • Grain raised $16M (Funding Round) on April 12, 2022.
  • CAIS raised $100M on April 6, 2022.

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Company Information

Company

Iink

Location

Tampa, Florida, United States

About

iink is a digital payments network that helps restoration professionals get paid more efficiently after an insured property loss.

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