What is FundThrough?
Founded in 2014 and headquartered in Toronto, FundThrough operates a sophisticated financial software platform designed to unlock working capital trapped in outstanding invoices. By providing businesses with immediate access to funds tied to their accounts receivable, the company effectively mitigates the cash flow friction caused by slow-paying clients. This service is essential for companies looking to optimize their balance sheets and accelerate revenue growth without the traditional constraints of bank lending. The platform serves as a bridge between operational necessity and financial agility, positioning FundThrough as a cornerstone of the modern Canadian fintech ecosystem.
How much funding has FundThrough raised?
FundThrough has raised a total of $79.8M across 4 funding rounds:
Unspecified
$2.2M
Unspecified
$18.6M
Series A
$9M
Private Equity
$50M
Unspecified (2015): $2.2M with participation from Origin Merchant Partners and Real Ventures
Unspecified (2016): $18.6M led by ScaleUp Ventures
Series A (2018): $9M, investors not publicly disclosed
Private Equity (2020): $50M featuring Northleaf Capital Partners Ltd
Key Investors in FundThrough
Origin Merchant Partners
Origin Merchant Partners is a leading independent investment bank and M&A advisory firm based in North America, specializing in capital raising and restructuring across diverse sectors.
Real Ventures
Real Ventures is a venture capital firm established in 2007 that backs mission-driven entrepreneurs and provides stage-specific guidance to help tech companies achieve global success.
ScaleUp Ventures
ScaleUp Ventures is a venture capital firm focused on providing growth capital and strategic support to early-stage and scaling technology companies.
What's next for FundThrough?
With the infusion of $50M, FundThrough is well-positioned to scale its enterprise-level operations and further refine its automated underwriting capabilities. The strategic focus will likely shift toward expanding market share within North America and enhancing the platform's integration with existing accounting software suites. As the demand for flexible, technology-driven liquidity solutions continues to rise, the company is expected to leverage its current capital position to deepen its product offerings and potentially explore new verticals within the B2B payment space. This phase of growth will be critical in maintaining its competitive edge against emerging digital lenders and traditional financial institutions.
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