Layer2 Financial raised $10.7 million in a Series A funding round led by Galaxy Ventures to drive market expansion, product development, and future talent acquisition.
Aug 09, 2024•11 months ago
Amount Raised
$10.7 Million
Investors
AccompliceGalaxy Ventures
Description
Layer2 Financial, a Canadian payments infrastructure start-up, has secured $10.7 million in a Series A funding round led by Galaxy Ventures, with additional participation from Accomplice. The company aims to leverage these funds for market expansion, product development, and hiring talent.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech