# Gaviti Akyl

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gaviti-akyl

- Industry: Software
- Headquarters: Tel Aviv, Israel
- Website: www.gaviti.com
- Total disclosed funding: $9M
- Latest round: Series A (Apr 5, 2022)
- Investors on record: 5

## About

Based in Tel Aviv, Israel, and founded by Yan Lazarev, Gaviti Akyl LTD operates as a provider of a receivables management solution. In April 2022, Gaviti Akyl LTD raised USD 9 million in series A funding led by new investor Flashpoint VC, along with other investors LETA Capital, Moneta Seeds, North First Ventures, and TAU Ventures.

Gaviti Akyl LTD provides a system to automate the accounts receivables process through a platform that enables payment forecasting for monitoring invoices and forecasting cashflows, provides access to analytics through a dashboard, displays the invoices report, provides an AP assistant for engaging with customers, and sends reminders to clients through workflows. The platform also integrates with various online accounting software including SAP, QuickBooks, Priority ERP, Netsuite, etc.

The company generates revenue by charging a fee for providing the application on a subscription basis.

The company plans to use the funds to expand its services.

## Funding rounds

- Series A, Apr 5, 2022, $9M — Flashpoint, LETA Capital, Moneta Venture Capital, TAU Ventures, North First Ventures

## Investors

- Flashpoint (https://capitalatlas.ai/funds/flashpoint) — Series A
- LETA Capital (https://capitalatlas.ai/funds/leta-capital) — Series A
- Moneta Venture Capital (https://capitalatlas.ai/funds/moneta-venture-capital) — Series A
- TAU Ventures — Series A
- North First Ventures (https://capitalatlas.ai/funds/north-first-ventures) — Series A
