What is Upflow?
Founded in 2018 and headquartered in Saint Mande, France, Upflow offers a Software-as-a-Service solution designed to automate and simplify customer payment collection for B2B enterprises. The platform integrates seamlessly with a variety of essential finance tools, including QuickBooks, Xero, Netsuite, and Chargebee, and partners with leading payment gateways such as Stripe and GoCardless. This comprehensive integration strategy positions Upflow as a key player in the B2B fintech space, addressing critical needs in cash flow management and accounts receivable automation.
How much funding has Upflow raised?
Upflow has raised a total of $22.7M across 3 funding rounds:
Other Financing Round
$2.7M
Series A
$15M
Series A
$5M
Other Financing Round (2019): $2.7M with participation from Kima Ventures and Efounders
Series A (2021): $15M led by Efounders and 9Yards Capital
Series A (2024): $5M supported by Hexa, Y Combinator, and Hedosophia Services
Key Investors in Upflow
Hexa
Hexa, encompassing startup studios like eFounders and Logic Founders, focuses on pioneering new entrepreneurship models, particularly in B2B SaaS and fintech, supporting companies through team-based building and strategic development.
Y Combinator
Y Combinator is a renowned seed funding accelerator based in Mountain View, California, known for its extensive support and investment in early-stage startups across various sectors.
Hedosophia Services
Hedosophia Services Limited is a UK-based entity operating within financial services, specializing in investment management and committed to data privacy and regulatory compliance for its investors.
What's next for Upflow?
The recent major strategic investment signals a pivotal growth phase for Upflow, likely enabling the company to expand its market reach, enhance its product offerings, and further develop its technological infrastructure. With a clear trajectory from its initial seed capital to Series A financing, Upflow is poised to solidify its position in the competitive B2B payment solutions market, potentially exploring new integrations and international expansion opportunities.
See full Upflow company page
