Dealflow, a burgeoning FinTech company, has successfully topped up its pre-seed investment round, achieving a new funding milestone of approximately €1.1m.
This additional capital was sourced from a mix of new and returning investors.
The funding round saw contributions from notable figures in the venture capital landscape including unicorn founders Petter Made and Ralf Reitchert, alongside Venture capital GP Thorbjørn Rønje. Talent investor group Ewor, led by Daniel Dippold, and several prominent business angels such as Quinten Selhorst, Erik Hallum, and Alexandros Bottenbruch also played significant roles.
Dealflow specialises in developing cutting-edge invoicing solutions tailored for SMBs. By leveraging advanced technologies, the company aims to empower businesses by enhancing their financial operations with automation and real-time financial solutions.
The newly acquired funds are earmarked for doubling down on their vision to revolutionise invoicing. According to company plans, these investments will be channelled into further development of their webapp, which has shown substantial promise by significantly increasing user engagement and processing volumes in its initial phases.
Adding to the positive trajectory, Dealflow’s waitlist for the new webapp witnessed a staggering growth, surging over 14,000% following the closure of the first tranche of the pre-seed round last autumn. Furthermore, the initial cohort of companies using the platform has already seen a 390% increase in processed volumes from the first to the second month of use.
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