Trullion: Raises Seed Financing

  • Trullion, formerly known as SMRT, a Tel Aviv, Israel- and New York-based financial workflow automation platform, raised a seed funding round of undisclosed amount
  • The round co-led by Greycroft and Aleph with participation from Verissimo Ventures and industry leaders like Bob Mylod, Artie Minson, Jody Padar and Zac Bookman
  • The company intends to use the funds to invest in talent and new financial workflows
  • Trullion provides a financial workflow automation platform that takes unstructured data such as PDFs and translates them into real-time financial reports
  • The system translates vast data sets from PDF contracts, Excel and other sources into a single system for accounting teams
  • The platform creates real-time visibility into company financials by using AI to review items such as leases and revenue agreements and translating them into a live data image
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...

Spektr Strengthens Compliance Efforts with $20M Funding

Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...