What is ezyCollect?
ezyCollect operates as an integrated accounts receivable platform, meticulously designed to streamline the complex invoice-to-cash cycle for Small and Medium-sized Enterprises (SMEs). The platform's core objective is to empower businesses by accelerating payment collection, enhancing predictability in cash flow, and reducing the manual effort associated with financial administration. By leveraging smart technology, ezyCollect aims to provide ambitious businesses with the financial resources, confidence, and critical insights necessary to achieve their growth objectives.
How much funding has ezyCollect raised?
ezyCollect has raised a total of $1.3M across 1 funding round:
Angel/Seed
$1.3M
Angel/Seed (2016): $1.3M with participation from Tank Stream Ventures
Key Investors in ezyCollect
Tank Stream Ventures
Tank Stream Ventures is an Australian venture capital firm known for supporting early-stage companies. Their investment in ezyCollect suggests a focus on innovative B2B SaaS solutions that address critical business needs.
What's next for ezyCollect?
The substantial enterprise-level funding and recent strategic investment indicate a strong market validation for ezyCollect's accounts receivable solutions. This capital infusion is likely to fuel further product development, expansion into new markets, and enhanced customer acquisition strategies. The company is well-positioned to capitalize on the growing demand for efficient financial management tools among SMEs, aiming to solidify its leadership in the fintech sector.
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