Regate, a Paris, France-based all-in-one financial management platform to manage, account for and dematerialize your invoices, expense reports, and payments efficiently, raised $20 million in Series A funding.
The round was led by Valar Ventures, with participation from 360 Capital Financiere Saint James and AG2R La Mondiale.
With the funding, Regate intends to grow operations in Spain and Germany, speed up product investments, and position itself as a state-approved partner dematerialization platform (PDP).
Features offered by Regate’s platform include virtual and physical bank cards, accounts payable, accounts receivable, payments, reconciliation, and budget and purchase requests. French start-up claims to have over 10,000 clients and has built integrations with Sage, SAP, NetSuite, and others.
Company: Regate SAS
Raised: $20.0M
Round: Series A
Funding Month: September 2022
Lead Investors: Valar Ventures
Additional Investors: 360 Capital Financiere Saint James and AG2R La Mondiale
Company Website: https://en.regate.io/
Software Category: SaaS Finance Automation Software
About the Company: Founded in 2019, Regate is a SaaS Finance Automation software that allows small and medium-sized businesses to automate their financial and accounting management, manage their business from a single platform, and facilitate collaboration. Designed as a cockpit, Regate helps finance departments and their accountants to save precious time by automating recurring tasks, gathering all the valuable financial data in one place, and improving collaboration between teams. With a team of 70 people financed by several international funds, Regate aims to change the financial ecosystem of companies and accountants in Europe.
Source: https://www.fintechfutures.com/2022/09/french-fintech-regate-nabs-20m-in-series-a-funding/