Sonovate
Builders in Fintech has recorded 2 equity rounds for Sonovate, most recently a series b round of £110M on 9 September 2019.
Added ·
- £130M
- Debt · £165M · 7 July 2022
Timeline
Debt · Debt · £165M
Series B · £110M · Global Founders Capital (lead)
Series A · £20M · Dawn Capital, DN Capital, North America
All funding rounds in the database
Product
Invoice funding, payments and back-office platform for recruitment firms
Lending infrastructure
Sonovate provides funding, payments and back-office technology to recruitment, staffing and consultancy businesses. It funds contract, temporary and permanent placements to free up cash flow, manages worker and supplier payments, connects timesheets, contracts and invoicing, and helps assess client risk, manage credit control and protect against bad debt, so firms can take on larger clients.
Description from the company website · Source