About Railz
Railz is a company based in Toronto (Canada) founded in 2020.. Railz has raised $15.1 million across 3 funding rounds from investors including FIS, Plug and Play Tech Center and Nyca Partners. The company has 48 employees as of December 31, 2024. Railz operates in a competitive market with competitors including Codat, Rutter, LiveFlow, Wealthica and Helu, among others.
- Headquarter Toronto, Canada
- Employees 48 as on 31 Dec, 2024
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.1 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
FIS
& 8 more
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Employee Count
48
as on Dec 31, 2024
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Funding Insights of Railz
Railz has successfully raised a total of $15.1M across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(01 Jun 2020)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series A - Railz | Valuation | FIS |
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| May, 2021 | Amount | Series A - Railz | Valuation | Nyca Partners | |
| Jun, 2020 | Amount | Seed - Railz | Valuation |
investors |
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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 Railz
Railz has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include FIS, Plug and Play Tech Center and Nyca Partners. 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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Tech focused early stage VC firm investing in the US
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage companies across fintech, healthcare, and multiple sectors
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Founded Year | Domain | Location | |
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Vestigo Ventures is focused on investing in AI and FinTech startups.
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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 Railz
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Railz
| 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 |
Railz Comparisons
Competitors of Railz
Railz 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 Codat, Rutter, LiveFlow, Wealthica and Helu, 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 |
Developer of cloud-based financial analysis and forecasting solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Finance and accounting management is facilitated via an API platform.
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| domain | founded_year | HQ Location |
LiveFlow is recognized as a leading platform for multi-entity finance automation.
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| domain | founded_year | HQ Location |
Portfolio performance is tracked via aggregation from Canadian financial institutions.
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| domain | founded_year | HQ Location |
Accounting data is connected, controlled, and analyzed for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Railz
Frequently Asked Questions about Railz
When was Railz founded?
Railz was founded in 2020.
Where is Railz located?
Railz is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Railz a funded company?
Railz is a funded company, having raised a total of $15.1M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3.1M, raised on Jun 01, 2020.
How many employees does Railz have?
As of Dec 31, 2024, the latest employee count at Railz is 48.
What does Railz do?
Railz was founded in 2020 and is headquartered in Toronto, Canada. Operations focus on the fintech sector, where data-as-a-service solutions are offered for accounting needs. Services include financial planning and analysis, forecasting, report generation, business valuation, transaction processing, and risk and fraud monitoring. These are extended to sectors such as banking, lending, accounting and audit, and e-commerce.
Who are Railz's investors?
Railz has 9 investors. Key investors include FIS, Plug and Play Tech Center, Nyca Partners, Susa Ventures, and Vestigo Ventures.
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