NetNow raised C$1.8M in pre-seed funding led by Ripple Ventures to enhance trade credit automation for wholesalers and distributors in the lumber industry.
Amount Raised
C$1.8 Million
Round Type
Pre-Seed
TorontoFinancial ServicesInvestors
Description
NetNow, a Toronto-based platform for trade credit automation, has secured C$1.8 million in pre-seed funding to improve credit application management in the lumber and building materials sector. The funding will help digitize the trade credit process, reducing risk and processing time for finance teams.
Quick answer
NetNow raised C$1.8 Million in a Pre-Seed round, dated September 6, 2024. Investors: Ripple Ventures. NetNow is based in Toronto, Ontario, Canada.
- How much did NetNow raise?
- NetNow raised C$1.8 Million in a Pre-Seed round on September 6, 2024.
- Who invested in NetNow?
- Ripple Ventures is named as investors in this round.
- What does NetNow do?
- NetNow is a trade credit automation platform designed specifically for the lumber and building materials industry.
- Where is NetNow based and how big is it?
- NetNow is based in Toronto, Ontario, Canada. Fundz records about 14 employees.
- Who are the decision-makers at NetNow?
- Fundz holds 1 contact at NetNow. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services around the same time
Companies in the same sectors as NetNow that raised within 45 days of this round, from Fundz verified event records.
- Uprise raised $3.3M (Seed) on October 21, 2024.
- BasiGo raised $25M on October 21, 2024.
- Hata Digital Sdn Bhd raised $4.2M (Seed) on October 21, 2024.
- Mala raised $7M (Pre-Seed) on October 20, 2024.
- MyFO raised $3.5M (Seed) on October 18, 2024.
- Eruditus Executive Education raised $150M (Series F) on October 18, 2024.
Who to call at NetNow, and when
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- An alert the day NetNow raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at NetNow, from your own LinkedIn network
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Related People
NetNow 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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