Uplinq Secures $5.6 Million In Seed Funding To Revolutionize Automated Bookkeeping And Financial Intelligence For Smbs
Amount Raised
$5.6 Million
Round Type
Seed
TorontoFinancial ServicesFinanceFintechLendingInvestors
Description
Uplinq, the tech-powered company that provides advanced bookkeeping solutions through data automation and machine learning, today announced it has raised $5.6 million in seed funding to revolutionize how small business owners manage bookkeeping and provide a more streamlined way of accessing financial data to empower small-to-medium-sized business owners (SMBs) with actionable insights. The funding was led by AZ-VC, the Arizona-focused venture capital fund that is uniquely focused on supporting emerging technology companies throughout the state. The round included a strategic investment from Live Oak Ventures, the fintech-focused venture arm of Wilmington, NC-based Live Oak Bank, one of the biggest SBA lenders that knows firsthand the struggles of bookkeeping for small businesses. Additional investors include Merus Capital and Members of the Kuwaiti Royal Family.
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