About Growfin AI
Growfin AI is a company based in Wilmington (United States) founded in 2020 by Aravind Gopalan and Raja Jayaraman.. Growfin AI has raised $8.9 million across 2 funding rounds from investors including 3one4 Capital and SWC Global. Growfin AI offers products and services including Collections CRM and Cash Applications. Growfin AI operates in a competitive market with competitors including Billtrust, SumUp, Paymentus, Vyapar and PayStand, among others.
- Headquarter Wilmington, United States
- Founders Aravind Gopalan, Raja Jayaraman
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Sinecycle Technologies Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.9 M (USD)
in 2 rounds
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Latest Funding Round
$7.5 M (USD), Series A
Mar 07, 2023
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Investors
3one4 Capital
& 1 more
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Employee Count
Employee Count
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Products & Services of Growfin AI
Growfin AI offers a comprehensive portfolio of products and services, including Collections CRM and Cash Applications. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages collections and accelerates payments using AI for efficiency.
Automates payment matching and reduces manual effort by 90 percent.
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Funding Insights of Growfin AI
Growfin AI has successfully raised a total of $8.9M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.5 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $7.5M
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First Round
First Round
(04 Mar 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series A - Growfin AI | Valuation | SWC | |
| Mar, 2022 | Amount | Seed - Growfin AI | Valuation | 3one4 Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Growfin AI
Growfin AI has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include 3one4 Capital and SWC Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology sectors are managed by SWC.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors like SaaS and Fintech in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Growfin AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Growfin AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Growfin Ai Comparisons
Competitors of Growfin AI
Growfin AI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Billtrust, SumUp, Paymentus, Vyapar and PayStand, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Invoice and payment management solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Provider of mPOS solution and card reader for offline retailers
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| domain | founded_year | HQ Location |
Comprehensive billing and payment solution provider
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| domain | founded_year | HQ Location |
Cloud-based invoicing and inventory tools for small businesses are provided.
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| domain | founded_year | HQ Location |
Payment processing for bitcoin, e-checks, and credit cards is facilitated.
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| domain | founded_year | HQ Location |
An app-based invoicing solution is provided for small businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Growfin Ai
Frequently Asked Questions about Growfin AI
When was Growfin AI founded?
Growfin AI was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Growfin AI located?
Growfin AI is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Who is the current CEO of Growfin AI?
Aravind Gopalan is the current CEO of Growfin AI. They have also founded this company.
Is Growfin AI a funded company?
Growfin AI is a funded company, having raised a total of $8.9M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.4M, raised on Mar 04, 2022.
What does Growfin AI do?
Growfin AI was founded in 2020 and is headquartered in Wilmington, United States. Solutions for invoicing and cash flow management are developed within the fintech sector. Collaborative collection strategies are facilitated for users, while receivables are visualized through real-time interfaces. Automation of payment reminders is also supported to streamline financial operations for businesses.
Who are the top competitors of Growfin AI?
What products or services does Growfin AI offer?
Growfin AI offers Collections CRM and Cash Applications.
Who are Growfin AI's investors?
Growfin AI has 2 investors. Key investors include 3one4 Capital, and SWC Global.