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Sunrate Closes Series D-1 Funding Round With Prosperity7 Ventures As Lead Investor

Jun 28, 2023

Round Type

Series D

ShanghaiFinancial ServicesCommerce And Shopping

Investors

Softbank Ventures AsiaAramco VenturesProsperity7 Ventures

Description

SUNRATE, an intelligent global payment and treasury management platform announced today that Prosperity7 Ventures, the diversified growth fund under Aramco Ventures, has made an investment in the company in its latest D-1 funding round.

Quick answer

Sunrate raised an undisclosed amount in a Series D round, dated June 28, 2023. Investors: Softbank Ventures Asia, Aramco Ventures and Prosperity7 Ventures. Sunrate is based in Shanghai, Shanghai, China.

How much did Sunrate raise?
Sunrate raised an undisclosed amount in a Series D round on June 28, 2023.
Who invested in Sunrate?
Softbank Ventures Asia, Aramco Ventures and Prosperity7 Ventures are named as investors in this round.
What does Sunrate do?
SUNRATE started in 2016 and is committed to offering 'intelligent' global payment and treasury solutions for business clients around the globe.
Where is Sunrate based and how big is it?
Sunrate is based in Shanghai, Shanghai, China. Fundz records about 501 employees.
Who are the decision-makers at Sunrate?
Fundz holds 1 contact at Sunrate. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Commerce And Shopping around the same time

Companies in the same sectors as Sunrate that raised within 45 days of this round, from Fundz verified event records.

  • Cogs AI raised $530K (Seed) on June 22, 2023.
  • SOS raised $7.6M (Funding Round) on June 22, 2023.
  • Kafene, Inc. raised $13M on June 21, 2023.
  • Liquid MarketPlace raised $525K (Seed) on June 2, 2023.
  • Vartana raised $20M on May 31, 2023.
  • Treasure Financial raised $7.5M (Funding Round) on August 10, 2023.

Who to call at Sunrate, and when

A new round usually means Sunrate is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Sunrate

Location

Shanghai, Shanghai, China

About

SUNRATE started in 2016 and is committed to offering 'intelligent' global payment and treasury solutions for business clients around the globe. SUNRATE has presence in Shanghai, Hong Kong, Tokyo, Singapore, Jakarta and London, supporting clients with international business in 130+ countries. As a strategic partner with top banks like Citibank, Standard Chartered Bank, and the principal member of Mastercard and Visa, SUNRATE continually provides one-stop digital services to global businesses. To find out more about SUNRATE, please visit: www.sunrate.com SOURCE SUNRATE

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.