Necto
Latest round
- Seed
Last raised
- Dec 2023
Total raised
- $8M
Investors
- 7
About Necto
, trading under the name Necto, operates as a software development company that offers multi-bank aggregating application software offering outdated financial messaging services. Necto offers a comprehensive solution in the form of a secure API aggregator that facilitates real-time connectivity to multiple banks, regardless of varying data formats. The core product enables corporations, treasury teams, financial institutions, and technology providers to streamline bank API integrations, effectively replacing outdated host-to-host connections with modern, API-driven methods. Necto’s platform automates the normalization of data from different banks into a standardized format, simplifying the integration process and eliminating the need for extensive in-house development efforts. This service addresses critical use cases in corporate treasury operations, such as payment initiation, transaction tracking, and trade finance management, allowing clients to leverage real-time data flows in their existing systems like ERPs and data lakes. Necto primarily serves corporate finance teams and treasury departments across various geographical markets, including North America, Europe, and Asia-Pacific.
Who invested in Necto
7 investors across 1 round
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Funding rounds
Seed
Dec 4, 2023
Amount
$8M
Investors
Questions about Necto
Who invested in Necto?
Necto has 7 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Necto raised?
Necto has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Necto last raise money?
Necto's most recent round on record is a Seed, in Dec 2023.
What does Necto do?
, trading under the name Necto, operates as a software development company that offers multi-bank aggregating application software offering outdated financial messaging services.
Where is Necto headquartered?
Necto is headquartered in New York, US.
Which VCs invest in companies like Necto?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Necto's stage. Their profiles are linked below.
VCs backing software startups at Seed
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