Brightflow AI, Inclined and Remofirst
A hands-on roundup of recent funding efforts by fintech companies across the United States.
AI luminous fluxa fintech platform for small businesses to control their cash flow and make data-driven decisions, raised $19 million in financing.
Brightflow AI raises $15M in Series A
It consists of a $15 million Series A round led by Haymaker Ventures and a previously unannounced $4.2 million seed round led by Bonfire Ventures.
Brightflow has also secured $100 million in debt financing from i80 Group. With the new funds, the company plans to further develop its platform, recruit more staff and provide more growth opportunities for small and medium-sized enterprises (SMEs).
Using artificial intelligence and machine learning, Brightflow’s platform can forecast sales, automate cash flow management, and provide real-time cash flow analysis “at a fraction of the time and cost” for business owners.
It also integrates with established business management platforms including Shopify, Amazon, QuickBooks, Netsuite, Xero, Plaid, Facebook, and Google Ads.
This year, the company says it has unlocked more than $60 million in growth capital for its clients.
Tilted Technologies closed a $15 million Series A funding round led by HSCM Ventures, with participation from Anthemis Group and several new and existing investors.
The new funds will be used to support its marketing and business development teams as well as assess tangential opportunities for expansion.
Based in California and founded in 2020, Inclined is a Software-as-a-Service (SaaS) platform focused on delivering better long-term results for whole life policyholders.
“Our mission is to help people get the most from their investment throughout their lifetime, while transforming an industry ready to benefit from modern technology,” the company says.
“With this capital, we will continue to improve how people access the equity they have built up in their whole life insurance policy, while serving as a trusted technology partner for life insurance companies. and financial institutions across the United States,” said the CEO and Co-Chief Executive Officer of Inclined. founder Joshua Wyss.
Remofirst raised $14.1 million in a funding round co-led by Mouro Capital and QED Investors with participation from Counterpart Ventures.
Founded in 2021 by Nurasyl Serik and Volodymyr Fedoriv, Remofirst helps companies build remote global teams in 150 countries by enabling them to hire talent in countries where they don’t have an office.
Remofirst’s services include onboarding, payroll, benefits, taxes, and local compliance.
The startup landed a $275,000 pre-seed round in early 2021 and claims to have become fully profitable in less than a year.
Remofirst recently expanded its leadership team with key industry hires and expects to announce its latest product update by the end of the year.
