Mimo raises £15.5M in a funding round led by Northzone and other investors, and launches platform to simplify B2B payments.
Amount Raised
£15.5 Million
Round Type
Funding Round
Investors
Description
Mimo, the SMB Financial Management Platform, has raised £15.5M (€18M) of new investment, led by Northzone, to launch its platform for simplifying B2B payments. The funding will be used to continue building out its B2B payments solution for SMBs and expand its headcount.
Quick answer
Mimo raised £15.5 Million in a Funding Round round, dated April 11, 2024. Investors: Fost, Upfin Vc, Seedcamp, Cocoa Ventures and Northzone. Mimo is based in London, England, United Kingdom.
- How much did Mimo raise?
- Mimo raised £15.5 Million in a Funding Round round on April 11, 2024.
- Who invested in Mimo?
- Fost, Upfin Vc, Seedcamp, Cocoa Ventures and Northzone are named as investors in this round.
- What does Mimo do?
- Mimo, which stands for ‘Money In, Money Out’, provides a suite of financial tools that bundles the features needed for SMBs to better understand and control their cash flow.
- Where is Mimo based and how big is it?
- Mimo is based in London, England, United Kingdom.
- Who are the decision-makers at Mimo?
- Fundz holds 1 contact at Mimo. 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 Mimo that raised within 45 days of this round, from Fundz verified event records.
- Strive, Inc. raised $1.5M on May 24, 2024.
- CBi Group raised $15M (Series A) on May 23, 2024.
- Resilience raised $25M (Funding Round) on May 23, 2024.
- CNote raised $1.1M on May 17, 2024.
- NG.CASH raised $13M (Series A) on May 15, 2024.
- Incredible raised $1M (Pre-Seed) on May 14, 2024.
Who to call at Mimo, and when
A new round usually means Mimo is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Mimo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Mimo, from your own LinkedIn network
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Related People
Mimo 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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