TRIVER Secures $8.67M in Funding to Revolutionize Small Business Finance with AI and Open Banking
April 23, 2023
TRIVER, a London-based startup, has raised $8.67 million in funding from prominent investors, including Sequoia Capital, Andreessen Horowitz, Axeleo Capital (AXC), and Motive Ventures. TRIVER is on a mission to transform how small businesses access capital by leveraging Open Banking data and AI models to provide instant finance solutions.
TRIVER's API-first platform is designed to be integrated with digital service providers in the real economy, such as accounting software, digital banks, and procurement software, making it easier for small businesses from any industry to access flexible capital solutions without complexity. By utilizing advanced AI algorithms and leveraging Open Banking data, TRIVER aims to revolutionize the way small businesses access finance, streamlining the process and providing quick and efficient funding options.
The funding secured by TRIVER will be used to further enhance its platform and expand its capabilities, enabling more small businesses to benefit from its innovative approach to small business finance. TRIVER's vision for leveraging AI and Open Banking to democratize access to capital has gained recognition from prominent investors, who see the potential for disruption in the small business finance industry.
With its innovative approach to small business finance, TRIVER aims to empower small businesses by providing them with instant access to capital in a click. By utilizing AI and Open Banking data, TRIVER is poised to revolutionize the way small businesses access finance and drive positive changes in the world of small business lending. Visit us for more information about their latest funding round: https://founderlodge.com/round/TRIVER-raises-8674000-Unknown-2023-04-21-Jerome-Le-Luel-MTIzNTg