w: Fluidly.com

t: @fluidly

LI: fluidly

Founders: Caroline Plumb (CEO)

Founded: 2016

Keywords: Business Financial Management / Data Analytics / Cashflow management

Who is it for: Businesses / Accountants

Latest Funding: €5.6M Grant, June 2019

Total Funding: $15.5M

Lead Investor: Octopus Ventures / Capability and Innovation Fund

HQ: UK, London

Using AI to transform how SMEs manage their finances

Cashflow forecasting and management is the gateway to financial decision-making for SME businesses. But models built on spreadsheets take days to build and hours to update. Fluidly’s solution is AI-powered “intuitive cashflow forecasting” which takes transaction data from a business’s accounting system and uses it to automatically forecast its financial future in minutes, down to invoice-level detail.

Fluidly won grant funding of €5.6M in June 2019 and aims to connect 400,000 SMEs to its platform by September 2022.