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Intelligence
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Place Technology Announces $2.5 Million In Additional Seed Funding

Jun 24, 2021•over 4 years ago

Amount Raised

$2.5 Million

Round Type

seed

Austin

Description

Place Technology, a leading financial software provider for SaaS and professional services companies, has successfully completed a $2.5 million seed extension funding round. Geekdom Fund, a top-performing venture capital firm, led with a follow-on investment. The remaining balance came from additional investments from new and existing angel investors and investors from crowdsource platform WeFunder. This now brings the fast-growing startup to over $6 million raised.

Company Information

Company

Place Technology

Location

Austin, Texas, United States

About

Founded in 2018 by serial entrepreneurs Brandon Metcalf and Kabe VanderBaan, Place Technology is the modern finance platform for technology and service companies. Place Technology’s core solution, PlaceCPM, streamlines finance processes and produces financial forecasts and reports with greater business impact in less time. Armed with connected live data and an arsenal of accurate, on-demand reports and dashboards that combine accounting and finance with the business, companies can improve operational efficiency and enhance profitability. For more information, visit www.placetechnology.com.