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Blue Onion raises $10m in Series A funding

New York based financial data infrastructure startup for CFOs raised $10m in Series A funding led by Viola FinTech.

"We believe that there's a better way to process financial data. The Blue Onion platform integrates with your order systems, payment processors, and your bank accounts to fully automate the reconciliation process. In the legacy ERP world and for most accounting software, ensuring clean financial data was the responsibility of the customer, requiring expensive and faulty data connectors, time-consuming reconciliations and manual adjustments. Blue Onion takes on this responsibility, providing finance teams with an automated, accurate financial data source from the outset–eliminating the need to choose between speed and accuracy,"

Tags

saas, b2b, infrastructure, data, automation