When was FinSuite founded?

FinSuite was founded in 2010 and raised its 1st funding round 4 years after it was founded.

Where is FinSuite located?

FinSuite is headquartered in Melbourne, Australia.

Is FinSuite a funded company?

FinSuite is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Sep 02, 2014.

When was the latest funding round of FinSuite?

FinSuite's latest funding was a $***** Seed round on Sep 02, 2014, with participation from 1 investor.

Where does FinSuite rank among its competitors?

FinSuite ranks 56th amongst 51 active competitors, of which 3 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was KlearStack, which secured an undisclosed amount in Sep, 2021.

Who are the top competitors of FinSuite?

FinSuite's top competitors include Eigen Technologies, Mobicule and KlearStack. Among them, KlearStack secured the most recent funding round in September, 2021.

FinSuite - 2026 Company Profile, Funding & Competitors

FinSuite is an acqui-hired company based in Melbourne (Australia), founded in 2010. It operates as an Automation software leveraging OCR for BFSI. FinSuite has raised an undisclosed amount in funding from FinTech Innovation Lab. The company has 51 active competitors, including 3 funded and 3 that have exited. Its top competitors include companies like Eigen Technologies, Mobicule and KlearStack.

Company Details

FinSuite provides process automation software leveraging OCR for the Banking & Finance Industry. It developed patented technology that aims to reduce the cost and time required to analyze business structures and financials on loan applications. It provides products like: BizAnalyser, a fully automated financial spreading application; TFN Remover, which automatically locates and removes Tax File Numbers from documents, corporate groups, that creates corporate group diagrams, conduct ratio analysis of financials and automatically produce a credit application. It was a part of FinTech Innovation Lab in 2014.

Website: finsuite.com.au
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Key Metrics

Founded Year

2010

Location

Melbourne, Australia

Stage

Acqui-Hired

Latest Funding Round

Seed, Sep 02, 2014, $*****

Investors

FinTech Innovation Lab

Ranked

56^th among 56 competitors

Similar Companies

Eigen Technologies & 54 more

View FinSuite's full profile

FinSuite has raised funding over 1 round. Its latest funding round was a Seed round on Sep 02, 2014 for $*****. 1 investor participated in its latest round. FinSuite has 1 institutional investor.

Here is the list of recent funding rounds of FinSuite:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 02, 2014	5455926	Seed	4816000	2278426	5353934	8901307

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Top competitors of FinSuite include Eigen Technologies, Mobicule and KlearStack. Here is the list of Top 10 competitors of FinSuite, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Eigen Technologies 2015, New York City (United States), Acquired	AI based solutions to extract data from documents	$60M	Goldman Sachs, Dawn Capital & 10 others	65/100
2nd	Mobicule 2008, Mumbai (India), Funding Raised	Provider of a platform for managing debt collection and recovery processes	-	-	45/100
3rd	KlearStack 2018, Piscataway (United States), Seed	Developer of an AI platform for document intelligence and compliance	-	gi projects, ITCube	34/100
4th	FileThis 2010, Mill Valley (United States), Deadpooled	Automated digital storage and filing system for financial documents	$9.9M	RealCo, Geekdom Fund & 1 others	31/100
5th	Gini 2010, Munich (Germany), Acquired	Developer of solutions for banking, insurance, and e-commerce payment processing	-	neosfer, T.Capital & 2 others	31/100
6th	LoanBeam 2011, Irvine (United States), Acquired	Cashflow analysis of mortgage borrowers from tax documents	-	-	30/100
7th	fintract 2017, Kassel (Germany), Unfunded	OCR solution for data extraction	-	-	30/100
8th	Yun ESG 2015, Singapore (Singapore), Funding Raised	Provider of an AI-enabled document analytics solution for financial industries	-	KFC Ventures	29/100
9th	PrestaCap 2015, Berlin (United States), Funding Raised	Provider of AI-powered solutions for financial automation and cash-flow analytics	-	Run Capital, SAF Venture & 1 others	28/100
10th	Doc Vu 2021, Cranbury (United States), Unfunded	AI-mortgage document processing software	-	-	28/100
56th	FinSuite 2010, Melbourne (Australia), Acqui-Hired	Automation software leveraging OCR for BFSI	-	FinTech Innovation Lab	14/100