Copenhagen-based fintech startup Dealflow has secured an additional €500,000 in funding, extending its pre-seed round to €1.1 million, aimed at advancing its vision of a cutting-edge “invoicing OS” tailored for small and medium-sized businesses (SMBs) across the EU. This latest investment round, backed by a consortium of international investors including unicorn founders and seasoned venture capitalists, underscores Dealflow’s commitment to revolutionizing financial workflows for ambitious entrepreneurs.
Founded in 2021 by Siddharth Mudgal (CTO) and Seb Haugeto (CEO), Dealflow has rapidly positioned itself as a vital ally to business owners seeking to streamline invoicing processes, reduce transaction costs, and enable real-time financing. The platform’s innovative approach integrates free global transfers with local accounts, facilitating seamless financial operations that empower SMBs to scale efficiently.
“This funding round marks a significant milestone for Dealflow as we continue to empower business owners with financial superpowers,” remarked Seb Haugeto, CEO of Dealflow and recent addition to the Forbes 30U30 finance list. “Our focus remains steadfast on product innovation and enhancing our engineering capabilities to deliver unparalleled value to our growing customer base.”
Dealflow’s recent achievements include a staggering 14,000% increase in their waitlist following their previous funding round, reflecting robust market demand and confidence in their disruptive platform. With plans to expand their web application to cater to a burgeoning customer base, Dealflow is poised to redefine the landscape of financial technology across Europe. Source: Eu-startups.com
Editorial Opinion: Fueling Innovation in Fintech with Strategic Investment
The infusion of €500,000 in additional funding not only bolsters Dealflow’s operational capacity but also signals a broader endorsement of its innovative invoicing solutions in the competitive fintech landscape. By prioritizing advancements in AI-driven automation and real-time financial services, Dealflow is well-positioned to meet the evolving needs of SMBs navigating a digital-first economy.
The strategic support from investors such as unicorn founders and established venture capitalists underscores the potential for Dealflow to scale its impact across European markets. As businesses increasingly prioritize efficiency and cost-effectiveness in financial management, Dealflow’s expansion plans are poised to set a new standard for invoicing platforms, offering comprehensive solutions that integrate seamlessly with existing accounting systems and automate critical payment processes.
As Dealflow prepares to roll out its enhanced web application and onboard new customers, the fintech industry watches closely, anticipating further innovations that could reshape how SMBs approach financial operations in the digital age.
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