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Seed Funding Announcement: RootFi Raises $1.5 Million

Rhea Nair
Product Marketing Manager
Seed Funding Announcement: RootFi Raises $1.5 Million

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We’re thrilled to announce RootFi has raised $1.5 million in seed funding from a range of world-class investors.

Our investors include Y Combinator, Soma Capital, Pioneer Fund, and individual investors such as Arash Ferdowsi (Founder and ex-CTO of Dropbox), Alan Rutledge, Samvit Ramadurgam (Founder of Forge), Amit Goel (Founder of Medici, Global & India Head of Prove), Anmol Maini and Vedica Kant (Partners at Untitled Ventures).

RootFi’s vision is to be the easiest way for B2B companies to interact with their customer’s business financial data through our Unified API.

Since launching RootFi, we have been working with 25+ fintech, SaaS, and financial institutions, to power technology for credit underwriting, accounting automation, and business financial management.

“We look forward to expanding our coverage into regions such as Middle East, South-East Asia and Africa.” - Ishwar, CEO

“We're excited to provide deeper coverage across long tail integrations like Tally across sectors.” - Parth, CTO

This funding will be used to expand our coverage across different regions and categories such as e-commerce, CRM, payments, and more. We will be scaling our team based in Bangalore over the next year.

If you’re interested in trying our product, sign up here.

We’re thrilled to announce RootFi has raised $1.5 million in seed funding from a range of world-class investors.

Our investors include Y Combinator, Soma Capital, Pioneer Fund, and individual investors such as Arash Ferdowsi (Founder and ex-CTO of Dropbox), Alan Rutledge, Samvit Ramadurgam (Founder of Forge), Amit Goel (Founder of Medici, Global & India Head of Prove), Anmol Maini and Vedica Kant (Partners at Untitled Ventures).

RootFi’s vision is to be the easiest way for B2B companies to interact with their customer’s business financial data through our Unified API.

Since launching RootFi, we have been working with 25+ fintech, SaaS, and financial institutions, to power technology for credit underwriting, accounting automation, and business financial management.

“We look forward to expanding our coverage into regions such as Middle East, South-East Asia and Africa.” - Ishwar, CEO

“We're excited to provide deeper coverage across long tail integrations like Tally across sectors.” - Parth, CTO

This funding will be used to expand our coverage across different regions and categories such as e-commerce, CRM, payments, and more. We will be scaling our team based in Bangalore over the next year.

If you’re interested in trying our product, sign up here.

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