# FundThrough

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fundthrough

- Industry: Financial Services
- Headquarters: Toronto, Canada
- Website: www.fundthrough.com
- Total disclosed funding: $25M
- Latest round: Series B (Apr 22, 2025)
- Investors on record: 3

## About

Based in Canada, FundThrough Inc. provides innovative financing solutions that empower small and medium-sized businesses by facilitating immediate cash flow through invoice factoring services.FundThrough Inc. was founded in 2014 in Toronto, Canada, and specializes in providing invoice factoring services to small and medium-sized businesses. The company was co-founded by Deepak Ramachandran and Steven Uster. In April 2025, FundThrough raised USD 25.00 mn in Series B funding led by Klister Credit, with participation from the Canadian Business Growth Fund and Urbana Corporation. This funding marks a significant milestone in their growth journey, bringing the total amount raised to USD 25.00 mn from multiple funding rounds. FundThrough has completed 9 deals to date, with the most recent deal occurring on April 22, 2025.FundThrough offers invoice factoring and financing solutions designed to streamline cash flow for small and medium-sized businesses. Its platform enables clients to receive immediate payments for their invoices, effectively bridging the gap between invoicing and customer payment terms. This service is targeted at various B2B industries, including logistics, construction, and professional services, primarily in the United States and Canada. Clients benefit from flexible funding solutions without the burdens commonly associated with traditional financing methods, such as hidden fees or long-term commitments.FundThrough generates revenue primarily through transaction fees associated with its invoice factoring services. Clients upload their invoices to the platform, which verifies the invoice and the creditworthiness of the customers. Upon approval, clients receive an upfront payment minus a flat fee, which significantly enhances their immediate cash flow. This model facilitates direct B2B relationships, where services are provided to businesses needing rapid access to funds, and is supported by a user-friendly platform that integrates seamlessly with accounting software.In April 2025, FundThrough raised USD 25.00 mn in Series B funding led by Klister Credit. The company plans to utilize this funding to enhance its technology platform and integrate additional invoicing software partners. FundThrough aims to expand its services into new markets, focusing on enhancing its footprint within North America, and is looking towards potential geographic expansion by 2026. The advancements in their technology and strategic partnerships are expected to facilitate their growth initiatives.

## Funding rounds

- Series B, Apr 22, 2025, $25M — Klister Credit, Canadian Business Growth Fund, Urbana Corporation

## Investors

- Klister Credit — Series B
- Canadian Business Growth Fund (https://capitalatlas.ai/funds/canadian-business-growth-fund) — Series B
- Urbana Corporation — Series B