The seed round was led by Speedinvest and Target Global to support team expansion and international growth.
"Imagine your electricity getting cut because of insufficient funds due to not moving money to your current account in time. Now imagine that across hundreds of accounts and dozens of countries. That’s the daily challenge for treasury teams – juggling multiple systems to track and predict cash flow across global operations. Having implemented incumbent solutions three times to solve this without seeing meaningful change, we knew it was time to build something better"
The seed round was led by Speedinvest to support product development and international expansion.
"AI’s role in the creative industries has been hotly debated for a long time now, and understandably, many professional artists have concerns over how its growing influence will impact their creativity and their livelihoods. But we are firm believers that there is a world in which the two not only exist, but work together to produce outstanding results."
Speedinvest led the oversubscribed pre-seed round to support product development and international growth.
"By utilising AI to automatically digitise the things users own from the point of purchase, we’re making it possible for people to receive offers on items they haven’t actively listed for sale,"
The financing round was co-led by Greylock and DST Global Partners with participation from existing backers and angel investors.
"Lapse doesn't let you upload or edit in ways that other platforms encourage, Everyone on Lapse plays by the same rules, which creates a space where it's OK to share all moments, not just the glamorous."