Numberz, a fin-tech startup which helps small businesses in invoice and cash flow management, is reportedly in advanced talks to raise around $3 million in a new funding round.
As per the report, the company is currently in talks with venture capital firm Sequoia Capital for the same. Last year, the startup had raised funding from Kae Capital and Khosla Impact.
Numberz was founded by Aditya Tulsian, a former Intuit executive; Rajeev Chari, who has worked with SAS India; and Baskar Ganapathy, who had worked at AT&T and Intuit. When founded in the year 2015, it was called Getfiscal.
The company was also recently selected to be part of Yes Bank’s accelerator programme. With Yes Bank, the startup is creating a unified dashboard to integrate day-to-day banking within core business workflows for simplifying tasks like tracking expenses, managing payrolls, syncing data, making payments, etc, for small businesses.
It is also offering GST-based solutions, which can enable access to clients’ supply chain and the GSTN portal through the platform.