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Trovata.io Doubles its Business in Q1 on Need for Greater Cash Visibility & Forecasting; J.P. Morgan Invests Again

Apr 21, 2020•over 5 years ago

Description

Trovata, a leader in automating cash reporting and forecasting through wholesale, multi-bank API data aggregation, announced today it closed on $4.3M in additional funding led by J.P. Morgan. The additional funding was a planned extension from the company’s initial seed round co-led by FINTOP Capital, who also participated. The final tranche was oversubscribed as a result of the company gaining significant traction with customers, capping off its seed round.

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AccelFoods is an early-stage venture fund investing in consumer products. We partner with entrepreneurs to bring innovative, high-quality food and beverage products to the forefront of the industry and create the next generation of enduring brands. With nearly $40m under management, we are hands-on partners that work tactically with our founders to scale their businesses quickly and smartly. We connect the dots within the broader food & beverage ecosystem to provide unique access, share distinct expertise, and build solid infrastructure.

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