Nmbr raised $7.6M in seed funding led by Panache Ventures to accelerate growth and product development in the payroll software market.
Sep 24, 2024•10 months ago
Amount Raised
$7.6 Million
Round Type
seed
Investors
Luge CapitalMotivate Venture CapitalGolden VenturesPanache Ventures
Description
Nmbr has secured CAD $7.6 million in seed funding to simplify the process of building modern payroll products in Canada. The funding will be used to accelerate growth and product development while Nmbr aims to enhance the payroll ecosystem for businesses nationwide.
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