Glassbox, a Toronto, Canada-based fintech startup, has emerged from stealth and raised $1.2 million in pre-seed funding.
Investors
The round was led by FinTech Collective and StandUp Ventures (Toronto), with participation from Watertower Ventures (Los Angeles).
FinTech Collective is a global, early-stage venture capital firm that manages around $1 billion in assets, backing entrepreneurs who are rewiring the way money moves through the world. Founded in 2012 and based in New York, New York, the firm focuses on capital markets, wealth and asset management, banking, payments, insurance, lending, and decentralized finance (DeFi).
StandUp Ventures is a venture capital firm that manages $56 million in assets, investing in female-founded companies in the B2B software and digital health sectors. Founded in 2017 and based in Toronto, Canada, the firm focuses on category-defining B2B SaaS, AI, digital health, and marketplace companies across North America.
Glassbox Use of Funds
The company will use the funds to expand its team and bring its AI-driven financial analysis platform to market.
About Glassbox
Founded in 2023 by Allison Harris and Ian Kennedy, Glassbox is a SaaS financial modeling and analysis platform designed to radically reduce mechanical work in financial transaction. Headquartered in Toronto, Glassbox is on a mission to empower capital markets and investment professionals with cutting-edge tools that deliver unmatched productivity gains, reduce errors, and harness the power of AI. By reinventing the spreadsheet as an AI-compatible platform, Glassbox aims to make financial analysis faster, smarter, and more transparent.
Funding Details
Company: Glassbox Deals Inc.
Raised: $1.2M
Round: Pre-Seed Round
Funding Date: February 2025
Lead Investors: FinTech Collective, StandUp Ventures
Additional Investors: Watertower Ventures
Company Website: https://glassboxfinance.com/
Software Category: Financial
Source: https://www.businesswire.com/news/home/20250218553630/en/