USA – Sanlo, a San Francisco, CA-based provider of a financial OS for game and app developers on a mission to bring financial independence and control, raised USD10m in Series A funding.
The round was led by Konvoy with participation from existing investors (Initial Capital, Portage Ventures, XYZ Venture Capital, London Venture Partners, Index Ventures) and new investors (Fin Capital, GFR Fund and a number of angel investors). The company intends to use the funds to scale its financial OS and bring $200M of developer-friendly Growth Capital to game and app developers. Sanlo provides a platform that combines financial insights about a company and its products with access to non-dilutive capital for scalable growth. Developers securely connect data sources and within hours have their data in a single destination that lets them receive and manage non-dilutive growth capital. The company partnered with HCGFunds to expand its pool of capital to $200m so it can be available for developers to scale. 02/06/2022
