Fundz

Tola raised $10.2 million in a seed funding round led by Sequoia Capital to enhance cashflow management solutions for SMBs.

PRIVATENov 06, 2024

Amount Raised

$10.2 Million

Round Type

Seed

San FranciscoFinancial ServicesFinanceFintech

Investors

Sequoia Capital

Description

Tola, a cashflow management startup focused on small and medium-sized businesses, secured $10.2 million in seed funding led by Sequoia Capital. The funding will help Tola improve its services that allow users to track financial health and manage payments effectively.

Quick answer

Tola raised $10.2 Million in a Seed round, dated November 6, 2024. Investors: Sequoia Capital. Tola is based in San Francisco, California, United States.

How much did Tola raise?
Tola raised $10.2 Million in a Seed round on November 6, 2024.
Who invested in Tola?
Sequoia Capital is named as investors in this round.
What does Tola do?
Tola combines accounts payable, receivable and cash flow management with working capital, helping save businesses time and money.
Where is Tola based and how big is it?
Tola is based in San Francisco, California, United States. Fundz records about 25 employees.
Who are the decision-makers at Tola?
Fundz holds 1 contact at Tola. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

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

  • Nukkleus raised $10M on December 20, 2024.
  • Curie Money raised $1.2M (Seed) on December 19, 2024.
  • Volume raised $6M (Funding Round) on December 17, 2024.
  • CredibleX raised $55M (Seed) on December 16, 2024.
  • Billboxx raised $1.6M (Pre-Seed) on December 11, 2024.
  • KAST raised $10M (Seed) on December 11, 2024.

Who to call at Tola, and when

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

  • An alert the day Tola raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Tola, from your own LinkedIn network

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Company Information

Company

Tola

Location

San Francisco, California, United States

About

Tola combines accounts payable, receivable and cash flow management with working capital, helping save businesses time and money.

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Fundz sees it the moment Tola raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Tola 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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