Y-Combinator Backs RootFi in $1.5M Seed Funding to Power Financial Data Access

We’re thrilled to announce RootFi has raised $1.5 million in seed funding from a range of world-class investors.

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Our investors include Y Combinator, Soma Capital, Pioneer Fund, and individual investors such as Arash Ferdowsi (Founder and ex-CTO of Dropbox), Alan Rutledge, Samvit Ramadurgam (Founder of Forge), Amit Goel (Founder of Medici, Global & India Head of Prove), Anmol Maini and Vedica Kant (Partners at Untitled Ventures).

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RootFi’s vision is to be the easiest way for B2B companies to interact with their customer’s business financial data through our Unified API.

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Since launching RootFi, we have been working with 25+ fintech, SaaS, and financial institutions, to power technology for credit underwriting, accounting automation, and business financial management.

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“We look forward to expanding our coverage into regions such as Middle East, South-East Asia and Africa.” - Ishwar, CEO

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“We're excited to provide deeper coverage across long tail integrations like Tally across sectors.” - Parth, CTO

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This funding will be used to expand our coverage across different regions and categories such as e-commerce, CRM, payments, and more. We will be scaling our team based in Bangalore over the next year.

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If you’re interested in trying our product, sign up here.

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