SendOwl scores $9m in seed financing haul

SendOwl

San Fransciso-based tech firm SendOwl has bagged $9m from a seed funding round headed by TheGP.

Also taking part in the raise were existing investors such as Alumni Ventures and defy.vc as well as Authentic Ventures, which is a new investor.

According to FinSME, SendOwl provides the infrastructure to transfer, manage, protect and collect payment for digital products.

Founded in 2010, SendOwl claims it has helped thousands of creators around the world become financially profitable creatorpreneurs.

SendOwl powers the digital economy with checkout and delivery tools like on-site checkout, unique payment links, subscriptions, drip campaigns, PDF stamping, download restrictions, and so much more.

The SendOwl app connects with Stripe or Shopify store to automatically and securely deliver digital goods.

SendOwl plans to use the funds to accelerate the product roadmap, increase the number of 3rd party integrations, and invest in key creator partnerships.

Zylo, a company positioning itself as an enterprise leader in SaaS Management, has raised an additional $5m in Series C funding.

Zylo announced the first tranche of its $31.5m Series C raise in November. Baird Capital’s Venture Team led the initial Series C round, which also included Spring Lake Equity Partners and existing investors Bessemer Venture Partners, Menlo Ventures and High Alpha, as well as strategic partner and investor Coupa Ventures.

Companies such as Adobe, Atlassian, Coupa, Doordash, Intuit, Slack, Salesforce, and Yahoo leverage Zylo’s technology and SaaS Management expertise to control the rising costs and risks of SaaS while improving software adoption by employees and driving innovation.

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