LiveFlow, a Fintech startup that allows companies to sync real-time data from their accounting services, banks, and payment platforms into their custom reports, raised a $3.5 million seed round to automate financial data flows.
The round was led by Moonfire Ventures, with backing from Y Combinator, Seedcamp, and WndrCo. Also participating was Victor Jacobsson, co-founder of Klarna; Bradley Horowitz, former VP Product at Google; Oliver Jung, former VP International Expansion at Airbnb, Phillip Chambers, Peakon founder & CEO; and others.
Company: LiveFlow
Raised: $3.5M
Round: Seed Round
Funding Month: December 2021
Lead Investors: Moonfire Ventures
Additional Investors: Y Combinator, Seedcamp, WndrCo, Victor Jacobsson, Bradley Horowitz, Oliver Jung, and Phillip Chambers
Company Website: https://www.liveflow.io/
Software Category: online finance management platform
About the Company: Founded almost a year ago by CEO Lasse Kalkar, COO Anita Koimur (ex-Revolut), and CTO Evan O’Brien (ex-Web Summit), Liveflow is an online finance management platform that automates all of your finances under one place by integrating your bank, accounting, and payment platform. It eliminates the need for manual updating of your spreadsheets and saves a lot of your time. LiveFlow (YC W21) is a fully automated, NextGen Spreadsheet, that lets you connect real-time data from your Google Sheets, banks, accounting, and revenue platforms (such as Quickbooks and Stripe) in a matter of minutes. With Liveflow, you can manage all of your finance-related processes in one place. You just have to set up a budget in the spreadsheet to get started. It enables you to connect all of your real-time data to your spreadsheet in fractions of seconds and integrates your entire bank, accounting, and revenue platform for easy management. You can also track budgets, run cash flow, and consolidate P & Ls using LiveFlow.
Source: https://techcrunch.com/2021/12/21/fintech-startup-liveflow-raises-3-5m-seed-to-automate-financial-data-flows/