Onsetto, Inc. Raises $2.2 Million Series Seed Round Led by EJF Ventures to Accelerate Product Development and Go-to-Market Expansion
Summary
Onsetto announced a $2.2 million Series Seed round led by EJF Ventures with participation from Idea Fund of La Crosse, The Perch Fund, and angel investors. The company signed a double-digit number of financial institutions under contract during a recent quarter, demonstrating growing commercial momentum. Onsetto offers a white-label, AI-enabled business banking platform that automates business account switching, accelerates payroll and payments, and helps banks and credit unions establish primary operating relationships. The new capital will fund continued product development—including AI-driven switching, activation, and treasury identification—and expand sales and marketing to meet rising demand. EJF Ventures said the investment reflects strong interest in solutions that drive deposit growth and operational efficiency in business banking.