202301 May

Gappify Announces Oversubscribed Series B Financing Round

Summary

The round was led by FINTOP Capital, with participation from Rally Ventures, Stage 2 Capital, SaaS Ventures, and Pasudeco & Co. As part of the transaction, FINTOP’s Jared Winegrad, General Partner, will join Gappify’s Board of Directors. "Accountants are frustrated with the lack of automation offerings available to help them perform their core duties effectively,” said Jotham Ty, CEO and Founder of Gappify. “Our business is strongly positioned to fill more of these voids and better serve the community we care very deeply about.” "The accounting industry is undergoing tectonic shifts, and Gappify is mapping the way," added FINTOP Capital’s Jared Winegrad. "We’re excited to lead this round and support Gappify’s innovative vision to transform and evolve the profession.” The new investment comes in the midst of significant growth for Gappify and brings the company’s total funding to more than $22 million. They bring strong networks, experience and capital to entrepreneurs building B2B SaaS and service-enabled software companies in the FinTech space.

Source: Prweb

Funding

$10M
Amount
May 01 2023
Date
-
Investor
Gappify
Company

Classifications

Companies