Zuvy - About the company
Zuvy is an acquired company based in Lagos (Nigeria), founded in 2021. It operates as a Software platform offering invoice management. Zuvy has raised $4.5M in funding from TLG Capital. The company has 100 active competitors, including 23 funded and 15 that have exited. Its top competitors include companies like Kriya, Receivables Exchange of India and Drip Capital.
Company Details
Software platform offering invoice management. It offers solutions such as creating and sending your invoices, invoice approval, requesting a cash advance, and more. It also offers payment acceptance solutions.
- Website
- zuvy.co
- Email ID
- *****@zuvy.co
- Phone Number
- +234 **********
Key Metrics
Founded Year
2021
Location
Lagos, Nigeria
Stage
Acquired
Total Funding
$4.5M in 4 rounds
Latest Funding Round
Investors
Ranked
7th among 100 active competitors
Employee Count
8 as on May 31, 2026
Exit Details
Acquired
Legal entities associated with Zuvy
Zuvy is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Zuvy Technologies, LTD. CIN: 1900456 , United States, Active | $1 - $1M (As on Apr 05, 2023) | - | - |
Zuvy's acquisition details
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Zuvy's funding and investors
Zuvy has raised a total funding of $4.5M over 4 rounds. Its first funding round was on Nov 22, 2022. Its latest funding round was a Series A round on Jul 03, 2023 for $*****. 5 investors participated in its latest round. Zuvy has 5 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Zuvy:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 03, 2023 | 2903972 | Series A | 1529768 | 3187301 | 3648102 | 7285900 |
Jul 03, 2023 | 3025727 | Conventional Debt | 9069636 | 8537188 | 7698493 | 7499516 |
Apr 05, 2023 | 2592568 | Conventional Debt | 3608985 | 9745615 | 4090914 | 5020879 |
View details of Zuvy's funding rounds and investors
Zuvy's founders and board of directors
Founder? Claim ProfileZuvy's employee count trend
Zuvy has 8 employees as of May 26. Here is Zuvy's employee count trend over the years:
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Zuvy's Competitors and alternates
Top competitors of Zuvy include Kriya, Receivables Exchange of India and Drip Capital. Here is the list of Top 10 competitors of Zuvy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Kriya 2011, London (United Kingdom), Acquired | B2B embedded finance platform offering PayLater, invoice finance, and working capital loans | $452M | 62/100 | |
2nd | Receivables Exchange of India 2016, Mumbai (India), Seed | TReDS exchange for financing of trade receivables of MSMEs through multiple financiers | - | 61/100 | |
3rd | Drip Capital 2015, Palo Alto (United States), Series C | Developer of an online marketplace platform for trade financing | $108M | 60/100 | |
4th | Earlypay Exchange 2010, Sydney (Australia), Series A | Provider of early payment solutions for construction subcontractors | $25M | 56/100 | |
5th | Offers SaaS-enabled procure-to-pay automation solutions | $12M | 54/100 | ||
6th | Provider of a cloud-based marketplace platform for invoice factoring | $16.8M | 54/100 | ||
7th | Software platform offering invoice management | $4.5M | 53/100 | ||
8th | Outgo 2016, Seattle (United States), Acquired | Accounting and invoice management software | $18.4M | 52/100 | |
9th | Prestige Capital 1985, Fort Lee (United States), Acquired | Online platform for invoice factoring | - | - | 50/100 |
10th | Tungsten Network 2000, London (United Kingdom), Acquired | Network providing electronic invoicing and automated accounts payable process solutions | - | 50/100 |
Looking for more details on Zuvy's competitors? Click here to see the top ones
Zuvy's Investments and acquisitions
Zuvy has made no investments or acquisitions yet.
Reports related to Zuvy
Here is the latest report on Zuvy's sector:
News related to Zuvy
Media has covered Zuvy for 1 event in last 1 year.
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Zuvy comes out of stealth with $4.5M funding to amplify invoice financing across NigeriaTech Funding News•Jul 03, 2023•Zuvy, TLG Capital, Next Chymia Consulting, Dunbar Capital and 3 others
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