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Sonovate

149 employees

Sonovate’s culture of innovation, inclusivity, and customer centricity makes it the leading provider of finance and payment solutions for the contingent labour market; catering to consultancies, recruitment businesses, and labour marketplaces who service clients around the world. Today Sonovate is the market leader for contingent labour workflow management and funding. From starting as a challenger to the banks, it has grown to become the leading funding platform for the future of work, helping businesses of all sizes access and manage their funding requirements. We are backed by Institutional giants BNPP, Lloyds and M&G. Sonovate in numbers: • Over £6bn funded since inception • 3,300 clients since inception • 40k contractors • 44 countries • 800k+ invoices paid since inception • 500k+ payments made to contractors

Investor insights

Funding rounds participated in

$197M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Financial Services

Sectors

Financial Services

Date founded

2013

Funding rounds raised

Total raised

$197M

from investors over 1 rounds

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Sonovate raised $197M on August 6, 2022

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