When was Growfin founded?

Growfin was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is Growfin located?

Growfin is headquartered in Wilmington, United States. It is registered at Wilmington.

How many employees does Growfin have?

As of Jun 30, 2026, the latest employee count at Growfin is 109.

Is Growfin a funded company?

Growfin is a funded company, having raised a total of $9M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 04, 2022.

How much is Growfin worth?

The latest valuation of Growfin is $***** as of Dec 07, 2022.

When was the latest funding round of Growfin?

Growfin's latest funding was a $***** Series A round on Mar 07, 2023, with participation from 2 investors. Its primary sector is Finance & Accounting Tech. In United States, the Finance & Accounting Tech sector has seen $2.91B in funding in 2026 to date.

Where does Growfin rank among its competitors?

Growfin ranks 3rd amongst 231 active competitors, of which 35 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was RocketPay, which secured $1.25M in Apr, 2026.

Who are the top competitors of Growfin?

Growfin's top competitors include InDebted, CredFlow and Axela. Among them, RocketPay secured the most recent funding round in April, 2026.

Growfin - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of accounts receivable automation software designed to accelerate cash flow. The software automates collections, prioritizes accounts, and matches payments using artificial intelligence. It offers features for strategizing, tracking, collaborating, and reporting. The software aims to reduce days sales outstanding, enhance cash flow visibility, and improve customer relationships.

Website: www.growfin.ai/
Social
Email ID: *****@growfin.ai
Registered Address: Wilmington

Key Metrics

Founded Year

2020

Location

Wilmington, United States

Stage

Series A

Total Funding

$9M in 2 rounds

Latest Funding Round

Series A, Mar 07, 2023, $*****

Post Money Valuation

$***** as on Dec 07, 2022

Investors

3one4 Capital & 1 more

Ranked

3^rd among 231 active competitors

Employee Count

109 as on Jun 30, 2026

Similar Companies

InDebted & 329 more

View Growfin's full profile

Growfin is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Sinecycle Technologies Inc Belgium, Active	Dec 31, 2019	-	-	-
SINECYCLE TECHNOLOGIES PRIVATE LIMITED CIN: U72900TN2020PTC138012 , India, Active	Sep 17, 2020	₹10 - ₹50 Cr (As on Mar 31, 2025)	67 (As on Jul 31, 2024)

Growfin has raised a total funding of $9M over 2 rounds. Its first funding round was on Mar 04, 2022. Its latest funding round was a Series A round on Mar 07, 2023 for $*****. 2 investors participated in its latest round. Growfin has 2 institutional investors.

Here is the list of recent funding rounds of Growfin:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 07, 2023	2445138	Series A	1614653	4817843	3544364	5832894
Mar 04, 2022	6639276	Seed	3951283	9625697	3one4 Capital	1050786

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View details of Growfin's funding rounds and investors

The founders of Growfin are Raja Jayaraman and Aravind Gopalan. Aravind Gopalan is the CEO of Growfin.

Here are the details of Growfin's key team members:

Raja Jayaraman: Co-Founder of Growfin and founder of 2 other companies, Freshdesk and Frilp.
Contact Info: 1 email address and 1 phone number
Aravind Gopalan: Co-Founder & CEO of Growfin and founder of 1 other company.
Contact Info: 1 phone number

View details of Growfin's Founder profiles and Board Members

Growfin's employee count trend

Growfin has 109 employees as of Jun 26. Here is Growfin's employee count trend over the years:

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Top competitors of Growfin include InDebted, CredFlow and Axela. Here is the list of Top 10 competitors of Growfin, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	InDebted 2015, Sydney (Australia), Series C	Cloud-based debt collection solutions for businesses	$97.6M	MassMutual Ventures, Perennial & 10 others	65/100
2nd	CredFlow 2019, Noida (India), Series A	Comprehensive cash flow management platform for small and medium-sized enterprises	$13.1M	Foy, Trifecta Capital & 12 others	61/100
3rd	Growfin 2020, Wilmington (United States), Series A	Provider of accounts receivable automation software designed to accelerate cash flow	$9M	3one4 Capital, SWC	59/100
4th	Axela 2001, Miami (United States), Series A	Account receivable and collection software for financial institutions	$11.8M	Blueprint Equity, FedDev Ontario & 10 others	56/100
5th	PAIR Finance 2016, Berlin (Germany), Acquired	Data-based receivable management system	$7.54M	Zalando, HitFox Group & 7 others	56/100
6th	Cevinio 2013, Rotterdam (Netherlands), Acquired	Provider of accounts payable automation software	$5.14M	Endeit Capital, InnovationQuarter & 1 others	51/100
7th	TrueAccord 2013, Lenexa (United States), Series C	Provider of digital-first debt collection and recovery solutions for businesses	$78M	Arbor Ventures, Nyca Partners & 27 others	50/100
8th	RocketPay 2022, Bengaluru (India), Seed	Provider of automated payment collection infrastructure for recurring financial transactions	$3.27M	Utsav Somani, Relentless Ventures & 74 others	49/100
9th	Bectran 2010, Chicago (United States), Unfunded	Cloud platform optimizing order-to-cash lifecycle with AI and automation	-	-	49/100
10th	CERC 2016, Sao Paulo (Brazil), Series A	Accounts receivable management and credit facilitation platform	$121M	Mubadala Capital, Valor Capital Group & 6 others	49/100