What is Neat?
Neat operates within the financial technology sector, focusing on providing innovative solutions for businesses. The company's trajectory, marked by consistent capital infusions, suggests a strategic approach to scaling its operations and expanding its market reach. The recent major strategic investment indicates a strong validation of Neat's business model and future prospects.
How much funding has Neat raised?
Neat has raised a total of $18M across 2 funding rounds:
Other Financing Round
$3M
Series A
$15M
Other Financing Round (2018): $3M with participation from Linear Capital
Series A (2020): $15M led by Robby Hilkowitz, Pacific Century Group, Linear Capital, Visa, MassMutual Ventures Southeast Asia, and Vectr Fintech
Key Investors in Neat
Linear Capital
Linear Capital is Canada's leading business development firm with a focus on providing emerging companies with timely and actionable guidance within the financial marketplace. Linear provides a full range of corporate advisory services to facilitate the achievement of growth objectives, financing requirements and accelerate the process of developing shareholder value.
Visa
Visa helps people and businesses move money safely around the world. They make it easy to pay for things using credit and debit cards, whether you're buying coffee down the street or shopping online from another country. With a network that reaches almost everywhere, Visa connects banks, stores, and customers in simple, secure ways.
Robby Hilkowitz
An individual investor participating in the funding round, likely bringing strategic insights or network connections to the company.
What's next for Neat?
With a recent major strategic investment, Neat is poised for accelerated growth and development. This capital infusion will likely be directed towards enhancing its product offerings, expanding its customer base, and potentially exploring new market opportunities. The company's history of securing enterprise-level funding points to a robust strategy for long-term sustainability and market leadership.
See full Neat company page
