Finaloop has raised $55 Million in total funding.

NEW YORK AND TEL AVIV (ISRAEL), JUNE 17, 2024 /PRNewswire/ – Today, Finaloop announced that it had raised a Series A round of $35 million. Lightspeed Venture Partners led this round, with participation from Vesey Ventures and Commerce Ventures. Accel and Aleph, who are already investors, also participated. The latest funding round brings Finaloop’s funding total to $ 55 million. It will be used to invest in its AI driven e-commerce software automation and inventory management capabilities as well as expand its go-to market and partnership efforts with data-driven marketing and accounting agencies.