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RedOwl raises $5.3M in seed round led by Tidal Ventures with participation from CP Ventures. The AI-powered fintech, backed by Mastercard, achieved a near $40M valuation.
Amount Raised
$5.3 Million
Round Type
Seed
Investors
Description
RedOwl, a Melbourne-headquartered AI-powered fintech backed by Mastercard, has closed a $5.3 million seed funding round. Tidal Ventures led the round with participation from Sydney-based VC firm CP Ventures. The funding round values the company at approximately $40 million. This seed round follows RedOwl's $15 million pre-seed funding raised in March of the previous year.
Fundz sees it the moment RedOwl raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
RedOwl raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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