The AlleyWatch Startup Daily Funding Report: 10/12/2022


OatFi

$8M – Seed

OatFi, a working capital infrastructure platform for B2B payment companies, has raised $8M in Seed funding led by QED Investors. Founded by Mike Barbosa and John Jordan in 2021, OatFi has now raised a total of $11.25M in reported equity funding.

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Ntropy Network

$11M – Series A

Ntropy Network, an API for understanding and synthesizing financial transaction data at scale catered towards developers, has raised $11M in Series A funding led by Lakestar. Founded by Ilia Zintchenko and Nare Vardanyan in 2019, Ntropy Network has now raised a total of $14.2M in reported equity funding.

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