The complete contract finance solution. From funding through to timesheets, we've got it covered.
Location: United Kingdom, Wales, Cardiff
Employees: 51-200
Phone: +44 20 7112 4949
Total raised: $379.95M
Founded date: 2013
Investors 3
Funding Rounds 4
| Date | Series | Amount | Investors |
| 09.09.2019 | - | $135.8M | - |
| 11.10.2016 | Series B | $17.17M | - |
| 30.01.2016 | - | $28.49M | - |
| - | - | $198.49M | - |
Mentions in press and media 11
| Date | Title | Description |
| 10.07.2022 | Sonovate Announces £165M Securitization with BNP Paribas, M&G Investments | Sonovate, the provider of embedded finance and payment solutions for the contingent workforce, announced that it has completed a securitization deal with BNP Paribas and M&G Investments, “adding £165 million to its funding structure.” T... |
| 09.10.2019 | Sonovate Raises £110m in Debt and Equity Funding | Sonovate, a London, and Cardiff, UK-based provider of finance and back-office solutions, raised £110m in debt and equity funding. The round was led by M&G Investments, MXB Holdings Inc, Dawn Capital and Rocket Internet SE. The company i... |
| 09.09.2019 | UK fintech Sonovate raises £110m | Sonovate, the UK-based finance and back-office tech provider to recruitment agencies and consultancies, has secured £110million debt and equity finance, led by M&G Investments, MXB Holdings Inc, Dawn Capital and Rocket Internet SE. This... |
| 09.09.2019 | Sonovate raises £110m to drive invoice finance | Finance tech provider Sonovate is looking to expand internationally and deploy more working capital to SMEs and mid-market businesses after raising £110 million, reports Jane Connolly. The UK fintech has secured the combination of debt and ... |
| 11.10.2016 | Sonovate Raises £14M Series B Funding | Sonovate, a London, UK-based recruitment finance provider, raised a £14m Series B funding. The round was led by Rocket Internet’s investment arm Global Founders Capital and supported by Dawn Capital. Comprising £9m in equity and £5m in debt... |
| 23.03.2016 | Demand for IT security pros is rising in UK | The tech talent shortage the UK is faced with nowadays is no small problem, as the demand for IT security experts reaches new heights. According to a new research by recruitment finance provider Sonovate, IT security professionals are curre... |
| 03.02.2016 | Funding Daily: Recruitment startup Sonovate raises $22 million | U.K.-based startup Sonovate announced today that it closed a $22 million (£20 million) series A round. Dawn Capital led a $5.5 million investment for Sonovate, while Shawbrook Business Credit provided the remaining $16.5 million in debt. Th... |
| 03.02.2016 | Funding Daily: Recruitment startup Sonovate raises $22 million | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! U.K.-based startup Sonovate announced today that ... |
| 30.01.2016 | Sonovate Raises £20M in Equity and Debt Financing | Sonovate, a London, UK-based provider of finance to the contract recruitment industry, raised £20m in total financing. A £5m Series A round was led by Dawn Capital with participation from DN Capital. A further £15m debt financing was provid... |
| 29.01.2016 | Daily funding roundup - January 29, 2016 | BloomReach announced $56M funding; BirdEye raised $8M; Sonovate closed $7.15M Series A funding Velo Labs, a San Francisco, CA-based creator of Skylock, a Bluetooth connected bicycle lock, raised $1 million in funding. The round was led by D... |
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