Tech Company Financing Transactions
Translucent Funding Round
Chalfen Ventures and LocalGlobe joined a $5.4 million Seed funding round for Translucent. The round was announced on 8/23/2023.
Transaction Overview
Company Name
Announced On
8/23/2023
Transaction Type
Venture Equity
Amount
$5,430,000
Round
Seed
Investors
Chalfen Ventures (Lead Investor)
LocalGlobe (Lead Investor)
Proceeds Purpose
The company intends to use the funds to develop further apps including 'Intercompany Transactions', 'BI & Analytics' and 'Financial Close'.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Hikenield House East Anton Court Cknield Way, Andover
Hampshire, SP10 5RG
UK
Hampshire, SP10 5RG
UK
Phone
Undisclosed
Website
Email Address
Overview
Translucent is the CFO super-app that solves the everyday problems of multi-entity finance teams. Translucent connects to existing accounting solutions to create a single system of record for multi-entity businesses. Translucent Apps are built on top of the consolidated data to manage accounting workflows.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Wood
Chief Technical Officer
Stef Lewandowski
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