Monspire provides an AI-powered cashflow management SaaS with a forecasting tool that enables small businesses to predict cashflow needs and spot funding gaps. The platform also offers access to invoice financing to help plug those gaps. The company intends to use the funds to launch to market and rapidly onboard new businesses. Monspire was founded by serial tech entrepreneurs Simon Draper and Ben Gillen. It has joined AWS’ Startup Loft Accelerator, an equity-free programme supporting early-stage startups in Europe, the Middle East and Africa with technology, product development and go-to-market advice. The article reports the company raised £600K in funding.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2022