# Upflow

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

- Industry: Financial Services
- Headquarters: Paris, France
- Website: www.upflow.io
- Total disclosed funding: $18M
- Latest round: Series A (Jun 15, 2021)
- Investors on record: 5

## About

Founded in 2018 by co-founders Alexandre Louisy and Barnaby Malet and based in California, US, Upflow, Inc. offers a cloud-based accounts receivable (AR) software solution specifically designed for B2B transactions. In April 2024, Upflow Inc. raised USD 5 million in a series A tranche led by investor Lorimer Ventures, with participation from investors Y Combinator, Hexa, and Hedosophia.

 Upflow offers AR software that helps businesses collect payments and improve cash flow management. The platform provides real-time insights into cash flow, including metrics like days sales outstanding (DSO) and cash flow forecasting. Additionally, the software streamlines collection workflows through automated, personalised payment reminders and collaboration tools for finance teams. The company also offers a variety of payment methods for customers, including automatic cash applications, autopay, and diversified payment gateways. The tools integrate with existing accounting and invoicing software.

 The company generates revenue through a monthly subscription plan, which costs USD 440 per month for growth and USD 880 per month for scale.

 The company will use the April 2024 funding to support the launch of its new service offerings.

## Funding rounds

- Series A, Jun 15, 2021, $15M — eFounders, 9Yards Capital, Lorimer Ventures
- Seed, Mar 20, 2020 — Altair Capital
- Seed, Sep 5, 2019, $2.8M — Kima Ventures, eFounders

## Investors

- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- eFounders (https://capitalatlas.ai/funds/efounders) — Seed, Series A
- Altair Capital — Seed
- 9Yards Capital (https://capitalatlas.ai/funds/9yards-capital) — Series A
- Lorimer Ventures (https://capitalatlas.ai/funds/lorimer-ventures) — Series A