How Much Did MakersHub Raise?
Funding & Key Investors

MakersHub has secured significant enterprise-level funding, with its total funding reaching $11.5M. The company recently announced a major strategic investment of $11.5M, underscoring its growth trajectory in the accounts payable automation sector. This latest capital infusion is expected to accelerate MakersHub's expansion and product development efforts.

What is MakersHub?

MakersHub
SoftwareFinancial Software

Founded in 2021 by Phong Ngo and Charley Howe, who connected during The Wharton School's Executive MBA program, MakersHub specializes in streamlining accounts payable processes for companies. The platform is designed to comprehensively capture critical data, enabling users to leverage this information for enhanced business insights. By automating and optimizing these financial workflows, MakersHub aims to save businesses and accounting professionals valuable time, reduce operational errors, and facilitate more informed decision-making.

How much funding has MakersHub raised?

MakersHub has raised a total of $11.5M across 1 funding round:

2024

Angel/Seed

$11.5M

Angel/Seed (2024): $11.5M with participation from Dash Fund, QED Investors, and TTV Capital

Key Investors in MakersHub

Dash Fund

Dash Fund is a venture capital firm focused on supporting innovative FinTech founders and category-defining startups in the financial technology sector, providing both investment and mentorship.

QED Investors

QED Investors is a global venture capital firm specializing in early-stage, disruptive financial services companies, leveraging extensive entrepreneurial and operational experience to foster breakthrough growth.

TTV Capital

TTV Capital invests in fintech businesses serving the financial services sector and consumers, utilizing deep industry expertise and relationships to drive company growth and success.

What's next for MakersHub?

The substantial enterprise-level backing positions MakersHub for significant scaling and market penetration. This strategic investment will likely fuel advancements in their data capture and utilization technologies, potentially expanding their service offerings to address broader financial operations. The company's focus on efficiency and data-driven insights suggests a continued emphasis on serving large enterprises and accounting firms seeking to optimize their accounts payable functions and gain deeper financial intelligence.

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Frequently Asked Questions Regarding MakersHub Financial Insights

What are the most recent funding rounds that MakersHub has completed, and what were the funding rounds?
MakersHub has recently completed 1 funding rounds: Angel/Seed on Dec 3, 2024.
What is the total amount of funding MakersHub has raised to date?
MakersHub has raised a total of $11.5M in funding to date.
How many funding rounds has MakersHub completed?
MakersHub has completed 1 funding rounds.
How much funding did MakersHub raise in its most recent funding round?
MakersHub raised $11.5M in its most recent funding round.
Who are the lead investors in MakersHub's latest funding round?
The lead investor in MakersHub's latest funding round was Dash Fund. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in MakersHub's history?
The largest funding round in MakersHub's history was $11.5M.
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