Scaleup Finance Secures $8 Million Funding to Revolutionize Financial Management for Startups and Scale-ups

London-based Scaleup Finance has announced a significant milestone, securing over $8 million in funding to address the intricate challenges of financial management encountered by startups and scale-ups. The investment, led by Inveready and supported by a consortium of prominent investors, including Crowberry Capital, Seed X, PROfounders, Fin Capital, and CircleRock Capital, marks a pivotal moment for the company.

Alexander Sonne Wulff, Co-founder and CEO of Scaleup Finance, emphasized the critical role of reliable financial data in meeting the demands of stakeholders and investors. He expressed the company’s commitment to providing founders with a comprehensive digital finance home, enabling them to focus on business growth while ensuring robust financial foundations.

Scaleup Finance’s innovative platform empowers startups to streamline financial planning and analysis, automate reporting processes, and navigate the complexities of financial management effortlessly. Since its inception in Denmark in 2021, Scaleup Finance has expanded its footprint into the UK market in 2022, achieving remarkable growth of 1,000% within the year.

Rory Codrington, Founder and CEO of Trust Keith, commended Scaleup Finance for its tailored approach to financial management, emphasizing the significance of understanding and reporting on financial metrics in optimizing business performance. Scaleup Finance’s partnership has empowered Trust Keith to focus on its core competencies with confidence, driving business success.

Aniol Brosa, Partner at Inveready, lauded Scaleup Finance’s growth trajectory and underscored the pressing need for innovative financial management solutions in the startup ecosystem. The investment reaffirms Inveready’s commitment to supporting disruptive ventures driving transformative change across Europe.

In addition to its financial management platform, Scaleup Finance offers fractional CFO services, providing ongoing support to facilitate informed financial decision-making for its partners, including companies like Trust Keith.

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