Fundz

Us-Based Koverly Raises $7.6M To Help Companies Save On Foreign Exchange Fees And More

PRIVATEAug 22, 2023

Amount Raised

$7.6 Million

Round Type

Funding Round

WalthamPaymentsE CommerceFintechLending

Description

In addition to this, Koverly has raised $7.6 million in seed funding from Accomplice VC (known for investing in ZOE and Ness), Vinyl Capital, and One Way Ventures. The investment will be used to build the first payment platform that combines foreign currency and B2B cashflow management designed for international business trade, such as importing. 

Quick answer

Koverly raised $7.6 Million in a Funding Round round, dated August 22, 2023. Koverly is based in Waltham, Massachusetts, United States.

How much did Koverly raise?
Koverly raised $7.6 Million in a Funding Round round on August 22, 2023.
What does Koverly do?
Koverly is redefining the standard of global payments.
Where is Koverly based and how big is it?
Koverly is based in Waltham, Massachusetts, United States. Fundz records about 16 employees.
Who are the decision-makers at Koverly?
Fundz holds 1 contact at Koverly. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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

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

  • Traction raised $6M (Seed) on August 1, 2023.
  • Beeline Holdings raised $6.5M on September 29, 2023.
  • Clip Money raised an undisclosed amount (Corporate Round) on September 22, 2023.
  • T-Rex Group, Inc. raised $10M on September 18, 2023.
  • Swan raised $40M (Funding Round) on September 13, 2023.
  • Value Exchange International, Inc. raised $1.3M (Seed) on September 12, 2023.

Who to call at Koverly, and when

A new round usually means Koverly is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Koverly raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Koverly, from your own LinkedIn network

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Company Information

Company

Koverly

Location

Waltham, Massachusetts, United States

About

Koverly is redefining the standard of global payments. Foreign exchange without all the fees + credit platform built for importers.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Koverly raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Koverly 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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