# API Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/api-software

- Industry: Software
- Headquarters: Glasgow, UK
- Website: www.autorek.com
- Total disclosed funding: $0.6M
- Latest round: Series A (Oct 21, 2021)
- Investors on record: 1

## About

Based in Glasgow, UK, and founded in 1994, API Software Limited, doing business as AutoRek, provides financial control, regulatory reporting, and data management software. The company was co-founded by the company's CEO, Mr. Gordon McHarg, as a Microsoft consultancy business and has more than 85 staff across its Glasgow, Edinburgh, and London offices. In March 2021, Scottish Equity Partners invested in the company.

The company provides cloud-based software as a service (SaaS) platform that offers financial, operational, and regulatory reporting and control products such as automates reconciliation, exception management, and data analysis workflows for the financial services industry.

API Software Limited plans to use the funding to accelerate its product development and extend its offering internationally.

## Funding rounds

- Series A, Oct 21, 2021, $0.6M — Scottish Equity Partners

## Investors

- Scottish Equity Partners (https://capitalatlas.ai/funds/scottish-equity-partners) — Series A