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London based financial agreement automation service Dealflo has raised £10m in Series B funding led by Holtzbrinck Ventures. Founded in 2012, the company provides automated financial agreement services, including verfication, e-signatures and document generation, through its cloud platform, and already works with the likes of BNP Paribas, BMW and Prudential.
Following the round’s closure, Abe Smith, Chief Executive Officer at Dealflo commented: “In this round of funding it was important that we chose investors that understood the sectors we operate in, and who have the experience to help us to continue our growth in key international markets. “We have seen phenomenal growth since we founded the business in 2012 and this investment will enable us to deliver to global clients on a global scale.” Barbod Namini, Principal at Holtzbrinck Ventures said: “A significant and growing market such as financial services, combined with Dealflo’s unique SaaS platform, represented a highly attractive investment opportunity for Holtzbrinck Ventures.
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