Levaro

Financial ServicesSeries AMunich, Germanyfinway.de

Latest round

Series A

Last raised

Feb 2023

Total raised

$12M

Investors

4

About Levaro

Levaro GmbH operates in the financial technology sector, providing automation solutions for accounts payable. Founded in 2019 and headquartered in Munich, Germany, the company has successfully completed 3 deals, with the most recent being on February 9, 2023.Group and Force Over Mass Capital.Levaro GmbH's product, finway, specializes in automating accounts payable processes for small and medium-sized enterprises (SMEs). It features a platform for invoice management that uses Optical Character Recognition (OCR) technology to capture invoice data automatically, thereby eliminating manual entry.Levaro GmbH operates on a subscription-based revenue model, allowing access to its financial management platform. The technology automates accounts payable processes, which results in efficiency gains for SMEs. Clients engage with finway's tools, including digital invoice processing and corporate card management, to streamline their financial workflows. The company is actively working on enhancing its product offerings and expanding into new markets, particularly targeting greater reach within Europe.

Who invested in Levaro

4 investors across 3 rounds

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Funding rounds

  1. Series A

    Feb 9, 2023

    Amount

    $9.8M

    Investors

    Locked

  2. Seed

    Mar 16, 2021

    Amount

    $2.5M

    Investors

    Locked

  3. Angel

    Mar 8, 2020

    Amount

    Undisclosed

    Investors

    Locked

Questions about Levaro

Who invested in Levaro?

Levaro has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Levaro raised?

Levaro has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Levaro last raise money?

Levaro's most recent round on record is a Series A, in Feb 2023.

What does Levaro do?

Levaro GmbH operates in the financial technology sector, providing automation solutions for accounts payable.

Where is Levaro headquartered?

Levaro is headquartered in Munich, Germany.

Which VCs invest in companies like Levaro?

Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at Levaro's stage. Their profiles are linked below.

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