Stampli, a US-based company looking to automate invoice management, has raised $25m in its series B round from a consortium including Bloomberg Beta, the corporate venturing unit of the eponymous media group.
Venture capital firm SignalFire led the B round, with participation from Hillsven Capital and NextWorld Capital.
Launched in 2015, Stampli raised a $6.7m A round from August 2018, also led by SignalFire, with participation from UpWest Labs, Bloomberg Beta and Hillsven Capital. Its total funding to $34.7m.
Stampli, the developer of a platform that centralises the invoicing system in large and medium-sized businesses, plans to use the funding to support company growth.
