How Much Did Mantl Raise?
Funding & Key Investors

Mantl, a prominent banking technology firm, has secured significant enterprise-level funding, with its most recent capital injection amounting to $40M. This latest financing round follows a substantial history of investment, bringing the company's total funding to $59M. The company's consistent ability to attract substantial backing underscores its strategic importance and growth trajectory within the fintech sector.

What is Mantl?

Mantl
SoftwareFinancial Software

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:

2020

Series A

$19M

2021

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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Frequently Asked Questions Regarding Mantl Financial Insights

What are the most recent funding rounds that Mantl has completed, and what were the funding rounds?
Mantl has recently completed 2 funding rounds: Series B on Apr 20, 2021, Series A on Jul 16, 2020.
What is the total amount of funding Mantl has raised to date?
Mantl has raised a total of $59M in funding to date.
How many funding rounds has Mantl completed?
Mantl has completed 2 funding rounds.
How much funding did Mantl raise in its most recent funding round?
Mantl raised $40M in its most recent funding round.
Who are the lead investors in Mantl's latest funding round?
The lead investor in Mantl's latest funding round was OldSlip Group. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Mantl's history?
The largest funding round in Mantl's history was $40M.
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