FinovateFall 2021 / Railz
Presenter Profile:
How they describe themselves: Railz is bridging the connection between future-thinking financial institutions and their business customers’ real-time accounting data. Our Accounting Data-as-a-Service™ solution offers financial institutions the ability to move fast through messy data – and make sense of it all. Get real-time accounting data, syncing, and analysis at your fingertips with Railz.
How they describe their product/innovation: Railz is presenting our latest product releases for the Railz API at Finovate to show how we handle messy accounting data. We will be highlighting our API that acts as a single endpoint to collect financial data through all major accounting service providers. The dashboard analytics demonstrate how financial institutions can make better and impactful decisions with normalized and analyzed commercial customer data.
Product distribution strategy: Direct to Business (B2B)
Contacts
Bus. Dev.: Bryan Backenstoss, Head of Sales (Banking), bbackenstoss@railz.ai
Press: Samantha Lloyd, Director of Marketing, slloyd@railz.ai
Website: railz.ai
LinkedIn: linkedin.com/company/railz-ai
Twitter: @AiRailz
HQ: Toronto, Ontario Canada
Founded: November 2019
Product Demoed: Railz – API and solution
Metrics: $15M in Funding ; $12M USD Serise A – March 2021 from Nyca Partners – Lead, Susa Ventrues, Vestigo Ventures, Entrée Capital Global Founders Capital, Plug and Play Ventures, N49P, Rosecliff VC, and Hack VC.; $3.1M Seed – Sept 2020 from Vestigo Ventures, Plug and Play Tech Center, Global Founders Capital https://www.prweb.com/releases/railz_raises_15_million_to_fund_future_growth/prweb17888238.htm
Over 40 employees – and growing fast!
Actively Seeking Capital: No
Presenter: Sohaib Zahid (CEO & Co-Founder)
- Key Executives
Sohaib Zahid (CEO & Co-Founder), Derek Manuge (CTO & Co-Founder)