On July 6th 2022, Peakflo announced its $4.1M seed funding from Y Combinator, Rebel Fund, Amino Capital, Soma Capital, GMO Fintech Fund, CE Fintech Capital, GFC, EF and Angel Investors (such as Oliver Jung, Amrish Rau, Alexander Kudlich and XA network).

“We are grateful to our investors for their belief in our team and vision. We are delighted to have them on board as we build a centralized finance operations software for mid-sized companies and growth stage startups in SE Asia,” said Saurabh Chauhan, Co-founder & CEO. “Traditionally, finance operations workflow is split across fragmented silos: ERPs, banks and spreadsheets, leading to an expensive and cumbersome receivables and payables process. Peakflo helps these companies spend more time on growing their business and less on managing collections and payouts.”

Since launching in 2021, Peakflo provides businesses a unified workspace with integrations and automated workflows that streamline invoice collections and bill payments. Today, over 50 fast growing startups and mid-sized companies in SE Asia use Peakflo to put their receivables and payables on autopilot. These businesses have been able to get paid faster by up to 20% and cut their bill pay times in half.