Rimilia Raises $15m in Funding

Rimilia, a London, UK-based SaaS fintech company, has raised $15 million in growth funding. The funding round was led by Eight Roads Ventures with participation from Kennet Partners and Silicon Valley Bank. This brings Rimilia's total funding to $40 million. The company plans to use the funds for continued product innovation, talent acquisition, and global expansion. Rimilia provides an AI-powered automation platform for order-to-cash process management, enabling finance leaders to make informed sales and credit decisions, increase revenue, improve customer satisfaction, and reduce risk.

Rimilia Secures $15 Million in Growth Funding

Rimilia is a London, UK-based SaaS fintech company that provides an AI-powered automation platform built to manage order-to-cash process in real time. Its Financial Relationship Management (FRM) platform allows finance leaders across the globe to make sales and credit decisions so they can increase revenue, improve customer satisfaction, and reduce risk. Rimilia’s SaaS solutions work with any currency, any bank, any ERP, in any country and language. Today, the company counts companies such as Avis, Hitachi, Santander and Travis Perkins as clients, having completed over 12 million transactions and automated the collection and allocation of $150 billion in 2019 alone. Rimilia has offices located in Bromsgrove and London in the UK, Denver, Colorado in the U.S., and Toronto in Canada.

Rimilia is a SaaS fintech company that provides an AI-powered automation platform for order-to-cash process management.

5 years ago

Rimilia Secures $15 Million in Growth Funding

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