# Finovance Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/finovance-technologies

- Industry: Financial Services
- Headquarters: Orlando, US
- Website: www.finovance.com
- Latest round: Seed (May 18, 2023)
- Investors on record: 2

## About

Based in Florida, US, and founded in 2022 by its Co-CEO, Craig Schmeizer, and Manuel Henriquez, Finovance Technologies, LLC, operates as a financial technology company that provides growth capital solutions tailored to the specific needs of businesses. In May 2023, Finovance Technologies LLC raised seed funding from Nexus Ventures and Capital Management, with participation from individuals and other unspecified investors. As of April 2023, the company has offices in New York, London, San Francisco, Dubai, and Orlando.

Finovance Technologies, LLC's flagship product is Sales Flow Financing, which leverages artificial intelligence technology to allow businesses to leverage their projected gross revenue for the next 12 months to secure capital advances ranging from USD1 million to USD5 million. The company also enables its users to deposit, spend, and track cash flow. In addition, the company offers trade flow financing and payment facilities.

The company plans to use the seed funding to expand its operations and introduce more financing products to better serve SMBs.

## Funding rounds

- Seed, May 18, 2023 — Nexus Ventures, Capital Management

## Investors

- Nexus Ventures — Seed
- Capital Management — Seed