Fundz

Nmbr raised $7.6M in seed funding led by Panache Ventures to accelerate growth and product development in the payroll software market.

PRIVATESep 24, 2024

Amount Raised

$7.6 Million

Round Type

Seed

TorontoSoftwareEnterprise SoftwareHuman ResourcesEmployee BenefitsSaaS

Investors

Luge CapitalMotivate Venture CapitalGolden VenturesPanache Ventures

Description

Nmbr has secured CAD $7.6 million in seed funding to simplify the process of building modern payroll products in Canada. The funding will be used to accelerate growth and product development while Nmbr aims to enhance the payroll ecosystem for businesses nationwide.

Quick answer

Nmbr raised $7.6 Million in a Seed round, dated September 24, 2024. Investors: Luge Capital, Motivate Venture Capital, Golden Ventures and Panache Ventures. Nmbr is based in Toronto, Ontario, Canada.

How much did Nmbr raise?
Nmbr raised $7.6 Million in a Seed round on September 24, 2024.
Who invested in Nmbr?
Luge Capital, Motivate Venture Capital, Golden Ventures and Panache Ventures are named as investors in this round.
What does Nmbr do?
Nmbr is a dedicated embedded payroll software provider, designed to simplify how businesses build and launch their own payroll software.
Where is Nmbr based and how big is it?
Nmbr is based in Toronto, Ontario, Canada. Fundz records about 16 employees.
Who are the decision-makers at Nmbr?
Fundz holds 2 contacts at Nmbr, including the Director, Revenue Growth. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Nmbr

Location

Toronto, Ontario, Canada

About

Nmbr is a dedicated embedded payroll software provider, designed to simplify how businesses build and launch their own payroll software. It simplifies the complexities of building payroll systems by offering APIs and embeddable front-end components that eliminate the challenge of building payroll software, while reducing ongoing administrative burden and costs.

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Related People

2 contacts
Verified contactsRichard O., Director, Revenue GrowthSee plans and pricing
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Nmbr 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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