InterPrice Technologies, which supplied corporate issuers and financial institutions with greater transparency in financing costs, has netted $2.5m in its seed round.
The round was led by Bowery Capital, with commitments also coming from Chaos Ventures, Operator Partners and Dash Fund.
InterPrice helps treasury teams to improve their financing decisions with better accuracy and precision, it claims. Its platform automatically aggregates bond, commercial paper and loan indications into dashboards across currencies and financing products.
It currently has onboarded more than 20 of the largest corporate issuers and several underwriters onto its platform, it claims.
InterPrice CEO Olga Chin said, “Our mission at InterPrice is to bring greater transparency to the world of capital markets.
“Working with both Treasury teams and top league table underwriters, we streamline the indication process, so that information is flexible and dynamic and can be viewed across a variety of products and currencies. Our goal is to automate the aggregation process and enhance relationships through real-time dialogue between users focused on data that matters most.”
Last year, Bowery Capital led the $3.5m funding round of cybersecurity company Cerby. The company secures how end users share credentials to resolve vulnerabilities in traditional enterprise systems and security measures.
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