# Bud Financial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bud-financial

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.thisisbud.com
- Total disclosed funding: $103M
- Latest round: Series B (Jun 7, 2022)
- Investors on record: 11

## About

Bud Financial Limited, based in the UK, specializes in transforming transaction data into actionable insights through AI-driven products and services for financial institutions.Founded in 2015 by Edward Maslaveckas, Gabrielle T, George Dunning, and Rendy Mikes, Bud Financial Limited is headquartered in London, UK. The company has engaged in 5 deals, with the most recent being a Series B round led by TDR Capital, raising USD 80.00 mn on July 2, 2024. The total amount raised by the firm amounts to USD 80.00 mn.Bud Financial Limited offers a suite of AI-powered solutions designed to provide advanced analytics and enrichment for the financial sector. Their core products include tools for transaction categorization and customer behavior analysis, which help retail banks, fintechs, and credit unions enhance their digital banking offerings. The platform ensures over 97% accuracy in real-time transaction insights, facilitating improved customer engagement and operational efficiency across North America and Europe.In 2023, Bud Financial Limited reported a revenue of USD 2,651,777.10 with an EBITDA of USD -20,608,066.30, operating primarily on a transaction-based revenue model through client subscriptions and partnerships.Following a venture funding round on July 2, 2024, Bud Financial Limited aims to enhance its product offerings and expand into new markets. The company plans to launch upcoming AI-based products designed for financial institutions and target growth in additional European and North American markets. The recent funding will be utilized to support these initiatives, allowing Bud Financial to increase its market presence and develop new tools for customer engagement.

## Funding rounds

- Series B, Jun 7, 2022, $80M — TDR Capital
- Series A, Nov 20, 2018, $21M — Investec, ANZ, HSBC Bank, Goldman Sachs Asset Management, InnoCells, 9Yards Capital, Outward VC, 1835i
- Seed, Sep 15, 2017, $2.1M — Investec, Banco Sabadell, Force Over Mass Capital

## Investors

- Investec (https://capitalatlas.ai/funds/investec) — Seed, Series A
- Banco Sabadell — Seed
- Force Over Mass Capital (https://capitalatlas.ai/funds/force-over-mass-capital) — Seed
- ANZ — Series A
- HSBC Bank — Series A
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series A
- InnoCells (https://capitalatlas.ai/funds/innocells) — Series A
- 9Yards Capital (https://capitalatlas.ai/funds/9yards-capital) — Series A
- Outward VC (https://capitalatlas.ai/funds/outward-vc) — Series A
- 1835i (https://capitalatlas.ai/funds/1835i) — Series A
- TDR Capital (https://capitalatlas.ai/funds/tdr-capital) — Series B