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Railz Raises $15 Million to Fund Future Growth
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“While there are many players who focus on collecting data across various accounting packages, the challenge of understanding what the data actually means, and how to categorize it, continues to be a major hurdle for the users of this information. Sohaib Zahid, CEO of Railz TORONTO (PRWEB) May 06, 2021
Railz, developer of an API that enables financial institutions and fintechs real-time access to their customers’ accounting data, has raised $12 million (USD) in a Series A round of funding. This is on top of a $3.1 million seed round that closed at the end of 2020. This investment will enable Railz to expand their efforts by continuing to build out their sales and engineering teams. The most recent funding round was led by Nyca Partners, with participation from Susa Ventures, Vestigo Ventures, Entrée Capital Global Founders Capital, Plu
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