Nyca leads £5m series-A for Fluidly
US-headquartered venture capital firm Nyca Partners has led a £5m series-A funding round for Fluidly, a UK-based developer of cashflow management and forecasting software.
Octopus Ventures and Anthemis also took part in the funding round, alongside angel investors.
Fluidly will expand its headcount following the deal, with a particular focus on its engineering, sales and marketing teams.
Company
Founded in 2016, London-headquartered Fluidly develops cashflow management and forecasting software for SMEs. The company has partnership agreements with accounting firms including BDO, Mazars, Baldwins and Haysmacintyre, in addition to cloud accounting software providers Xero and Sage.
People
Nyca – Hans Morris (managing partner).
Octopus Ventures – Will Gibbs (investment manager).
Fluidly – Caroline Plumb (CEO).
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