# Reinfer

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

- Industry: Software
- Headquarters: London, UK
- Website: www.reinfer.io
- Total disclosed funding: $11M
- Latest round: Seed (Feb 7, 2022)
- Investors on record: 4

## About

Reinfer Ltd. specializes in innovative AI solutions designed to enhance financial processes for enterprises, automating tasks like auditing and transaction reconciliation.Founded in 2015, Reinfer Ltd. is based in London, UK, and develops tools that enhance financial operations using artificial intelligence. The company has received a total of USD 7.60 mn in funding through its Seed round, led by Crane Venture Partners, Longview Innovation, and Seedcamp. Reinfer has successfully completed 3 deals, with the most recent occurring on August 1, 2022, when the company was acquired by UiPath Inc. The founder's history is not publicly available.Reinfer provides advanced solutions leveraging artificial intelligence to optimize financial processes for enterprises. Their proprietary platform automates auditing and reconciliation of financial transactions, reducing operational costs and enhancing accuracy. Designed for seamless integration with existing financial systems, it offers finance teams real-time insights into transaction flows and discrepancies. Targeting North America and Europe, Reinfer addresses the growing demand for automation in finance, enabling clients to improve operational capabilities and productivity.Reinfer operates on a subscription-based revenue model, offering various pricing tiers for access to their AI-driven platform. Clients typically engage in annual subscriptions, which include continuous software updates, technical support, and evolving features. The company also partners with large financial institutions, providing tailored integrations and analytics tools, generating revenue through direct enterprise transactions and collaborative agreements with industry partners.Following the acquisition by UiPath Inc. in August 2022, Reinfer aims to expand its product offerings and enhance its platform capabilities. The company plans to explore new geographic markets, with specific targets yet to be detailed. The recent funding will support product development and market expansion efforts.

## Funding rounds

- Seed, Feb 7, 2022, $7.6M — Longview Innovation, Seedcamp, Crane Venture Partners
- Seed, Jan 24, 2018, $3.4M — Touchstone Innovations, Seedcamp, Crane Venture Partners

## Investors

- Touchstone Innovations (https://capitalatlas.ai/funds/touchstone-innovations) — Seed
- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed
- Crane Venture Partners (https://capitalatlas.ai/funds/crane-venture-partners) — Seed
- Longview Innovation (https://capitalatlas.ai/funds/longview-innovation) — Seed