Finaloop, an AI-driven e-commerce accounting platform, raised $35 million in a Series A round led by Lightspeed Venture Partners, bringing its total funding to $55 million. The funding will enhance its AI-driven automation and inventory management capabilities and expand partnerships with accounting firms and marketing agencies. Finaloop’s platform, known for its real-time financial reconciliation and comprehensive accounting services, has grown its customer base by 400% in the last year, managing over $13 billion in GMV for thousands of brands.
Finaloop Secures $35 Million in Series A Investment Led by Lightspeed Venture Partners