Flyweel Raises $2.41M Pre-seed
Flyweel raises $2.41M in pre-seed funding led by Ten13 to build financial infrastructure for digital advertising spend.
Flyweel Raises $2.41M Pre-seed
Flyweel, a Brisbane-based fintech startup, has successfully closed a $2.41 million pre-seed funding round to advance its platform that manages and finances digital advertising expenditure. The capital will enable the company to scale its operations and provide essential financial infrastructure to businesses grappling with cash flow gaps caused by digital advertising cycles.
Investors
The funding round was led by Ten13, with additional participation from Antler, QIC, and angel investor Koen Köppen, CEO of Mollie.
Flyweel Use of Funds
Flyweel plans to utilize the capital to expand its embedded lending products, which fund advertising campaigns upfront, and to develop its platform architecture that integrates media operations with corporate accounting. A primary focus for the company is accelerating adoption within the United States market and enhancing its unified dashboard for real-time capital allocation and financial reconciliation.
About Flyweel
Established in 2025 by Reuben Scheckter and Matteo Calo, Flyweel is an Australian fintech company designed as an operating layer for digital advertising spend. The platform bridges customer relationship management systems with accounting ledgers to treat advertising as a capitalized investment rather than an operational expense, helping businesses scale without liquidity constraints.
Funding Details
Company Website: https://flyweel.co
Company: Flyweel
Raised: $2.41M
Round: Pre-seed
Funding Date: June 16, 2026
Lead Investor: Ten13
Additional Investors: Antler, QIC, Koen Köppen
Software Category: Fintech
Source: https://streamlinefeed.co.ke/news/australian-fintech-flyweel-secures-2-41-million-pre-seed-to-transform-ad-spend