What is Mantl?
Founded in 2016 and headquartered in New York, MANTL specializes in providing advanced account opening software. Its solutions integrate workflow management and automation tools designed to streamline the banking and financial services industry. The company's focus on enhancing operational efficiency and customer onboarding processes positions it as a key player in the digital transformation of financial institutions.
How much funding has Mantl raised?
Mantl has raised a total of $59M across 2 funding rounds:
Series A
$19M
Series B
$40M
Series A (2020): $19M with participation from Endicott Group, Point72, and Clocktower Technology Ventures
Series B (2021): $40M led by OldSlip Group, D1 Capital Partners, CapitalG Management, Boxgroup Ventures, Clocktower Group, and Point72 Ventures
Key Investors in Mantl
Clocktower Technology Ventures
Clocktower Group is an alternative asset management and advisory firm that invests in fintech and climate startups. They employ a top-down macro framework and a relationship-based investing approach, fostering connections within their network.
Point72 Ventures
Point72 Ventures is a venture capital firm specializing in early-stage investments across financial technology, financial services, and enterprise software. They leverage deep expertise in financial markets and actively partner with portfolio companies to drive adoption.
CapitalG Management
CapitalG is Alphabet's independent growth fund that invests capital and expertise to support remarkable entrepreneurs and transformational companies. They focus on growth-stage companies, providing significant capital and hands-on operational support.
What's next for Mantl?
With its latest major strategic investment, Mantl is poised for accelerated growth and further development of its innovative banking technology solutions. The substantial capital infusion is expected to fuel expansion into new markets, enhance product offerings, and strengthen its competitive position. This funding round signals strong investor confidence in Mantl's business model and its potential to reshape the future of digital banking.
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