What is Cashinvoice?
Cashinvoice operates as a digital supply chain finance platform designed to connect various supply chain participants and streamline the invoice-to-cash cycle. Its product suite, including PayEarly, TradEasy, CImpli5, and CredPulse, offers solutions for early payment finance, trade receivables finance, and intelligent risk assessment. By targeting sellers, buyers, and financiers, Cashinvoice aims to optimize working capital and enhance profitability across a diverse range of industries. The platform's focus on seamless integration and customized strategies supports over 25 industries, fostering partnerships with numerous corporations and financial institutions.
How much funding has Cashinvoice raised?
Cashinvoice has raised a total of $4.4M across 2 funding rounds:
Angel/Seed
$1M
Series A
$3.4M
Angel/Seed (2021): $1M, investors not publicly disclosed
Series A (2024): $3.4M led by Accion, Pravega Ventures, and HDFC Bank
Key Investors in Cashinvoice
Accion
Accion is a global non-profit with extensive experience in microfinance and fintech impact investing, headquartered in Cambridge, Massachusetts.
Pravega Ventures
Pravega Ventures, through initiatives like the HDFC Bank Co-Lab Program, provides strategic advisory and network access to support startup founders, emphasizing partnerships and sustainable change.
HDFC Bank
HDFC Bank is a prominent Indian private bank with a vast distribution network, offering financial services and strategic support to businesses and startups.
What's next for Cashinvoice?
The recent major strategic investment signals a pivotal phase for Cashinvoice, likely enabling the company to scale its operations, expand its market reach, and further develop its innovative digital supply chain finance solutions. This capital will be instrumental in enhancing its technological infrastructure and broadening its customer base, solidifying its position as a key player in optimizing working capital and driving financial efficiency across the supply chain. The company's focus on digitizing invoice-to-cash processes and providing tailored financial strategies positions it for continued growth and impact.
See full Cashinvoice company page
