Tola
PrivateLast Round
Seed
Oct 31, 2024
Est. Valuation
$1.79M
Total Funding Raised
$10.7M
Company Overview
Tola is a financial technology company that provides an all-in-one platform for small and medium-sized businesses (SMBs) to manage their finances. The platform combines accounts payable, accounts receivable, and cash flow management with built-in working capital solutions. It aims to help businesses streamline payment processes, get paid faster, and pay suppliers on their own terms by integrating with accounting software like QuickBooks and Xero for a real-time financial overview. The company was founded by Alen Cvisic and Guillaume Simard, who identified cash flow management as a major pain point for SMBs during their time at Pleo.
Sector
FinTech
Verticals
Accounting & Expense, Digital Payments, BNPL, Lending & Credit, Workflow Automation
Business Model
B2B
Customer Profile
Freemium, Payment Processing Fee, Subscription SaaS
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Tola Comps
Public and private peers based on sector, stage, and business model.
Tola Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Oct 31, 2024 | ||||
| Seed | Jan 10, 2022 |
Tola Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Creandum | Seed |
| RTP Global | Seed |
| Sequoia Capital | Seed |
| Y Combinator | Seed |
| Zinal Growth | Seed |
| Founders | Seed |
| Cherry Ventures | Seed |
Tola Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
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