What is Mimo?
Founded in 2023 with dual offices in London and Stockholm, Mimo offers a unified platform designed to automate accounts payable and receivable processes, alongside bookkeeping and reconciliation. The company's core mission is to simplify and foster growth in small business trade by removing barriers to money flow. Mimo targets SMBs, accountants, and bookkeepers seeking streamlined financial operations.
How much funding has Mimo raised?
Mimo has raised a total of $28M across 2 funding rounds:
Other Financing Round
$19.5M
Other Financing Round
$8.5M
Other Financing Round (2024): $19.5M with participation from Northzone and Seedcamp
Other Financing Round (2025): $8.5M led by Seedcamp and Northzone
Key Investors in Mimo
Seedcamp
Seedcamp is a venture capital firm that supports early-stage startups by providing investment, mentorship, and access to a global network. The firm focuses on ambitious founders and innovative companies across various sectors, helping them grow from initial concepts to successful businesses.
Northzone
Northzone is a multi-stage venture capital fund built on experience spanning multiple economic and disruptive technology cycles and has over $1.7 billion under management. Founded in 1996 and with a team spread across three main hubs, New York, London and Stockholm, Northzone has to date raised nine funds and invested in more than 150 companies.
What's next for Mimo?
The substantial enterprise-level funding, including the recent major strategic investment, positions Mimo for accelerated growth and market expansion. This capital infusion is expected to fuel further development of its financial management platform, enhance its automation capabilities, and broaden its reach within the SMB sector. Strategic partnerships and continued innovation in simplifying cross-border transactions will likely be key priorities as Mimo aims to solidify its position as a leader in financial operations for small businesses.
See full Mimo company page
