Upflow raises $15M in a Series A funding round

SaaS News -Upflow-raises-$15-million(source: SaaS Industry)
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 Upflow, a French company, has raised $15 million in a Series A round of investment. The company assists you in pursuing late payments from customers. In addition, Upflow acts as a hub for all of your invoices, payments, team communication, and reminders. As a consequence of the round, it will create a presence in New York.

Upflow, a French startup, has raised $15 million in a Series A funding round. The business wants to assist you in pursuing late payments. Other participants include 9yards Capital, existing investor eFounders, N26 co-founder Maximilian Tayenthal, auxmoney co-founder and CEO Raffael Johnen, Uber SVP of Delivery Pierre-Dimitri Gore-Coty. 

The firm intends to expand to the United States as a result of today’s fundraising round. Upflow has a few clients already, including Lattice, Front, and Adikteev, but it’s only the beginning. The startup will establish a presence in New York.

The startup improves your cash cycle by optimizing how you receive payments from consumers.  

Upflow serves as a central repository for all of your invoices, payments, team communication, and reminders. However, Upflow does not want to take the place of your current tools. Instead, the company has created connections with well-known business software that you currently use.

The Upflow account can be integrated with QuickBooks, Xero, Netsuite, Chargebee, and Stripe Billing. You can bill your customers using your current invoicing software. Your invoices, clients, and payments are all imported into Upflow. When Upflow detects a late payment, you’ll be notified and may immediately begin sending automatic or customized emails.

“We are on a mission to revolutionize the way that companies get paid. At Upflow, we provide a solution that adds connectivity and clarity to a company’s payment and invoicing stack. Where systems were previously closed and disconnected, Upflow’s platform enables smooth and clear processes.” 

Alexandre Louisy, co-founder and CEO
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