What is FISCAL Technologies?
Founded in 2003 and headquartered in the United Kingdom, FISCAL Technologies is a premier provider of forensic solutions designed to empower purchase-to-pay (P2P) teams globally. The company's technology focuses on protecting organizational spending by offering robust tools for financial oversight and fraud prevention within procurement processes. Its solutions are critical for businesses aiming to enhance efficiency and security in their financial operations.
How much funding has FISCAL Technologies raised?
FISCAL Technologies has raised a total of $4.7M across 1 funding round:
Series A
$4.7M
Series A (2019): $4.7M with participation from SUG, Octopus Investments, and Calculus Capital
Key Investors in FISCAL Technologies
Octopus Investments
Octopus Investments is a leading UK-based specialist in tax-efficient investments, managing significant assets and focusing on venture capital trusts and inheritance tax solutions. They support individual and institutional clients in financial planning and high-risk investment management.
Calculus Capital
Calculus Capital is an investment manager based in London that focuses on providing tax-efficient growth capital to UK smaller companies. They manage venture capital trusts and EIS funds, investing in high-growth technology, healthcare, and creative industries.
SUG
Undisclosed investor participating in the funding round.
What's next for FISCAL Technologies?
The substantial enterprise-level funding FISCAL Technologies has attracted signals a strategic phase of accelerated growth and market penetration. This capital infusion is likely to be directed towards enhancing its forensic solution suite, expanding its global reach, and potentially exploring new technological integrations within the purchase-to-pay ecosystem. The company is well-positioned to solidify its leadership in financial governance and spend protection.
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