Mimo, a London, UK-based financial management platform for small and medium-sized businesses, has raised $8.5 million in funding.
Investors
The round was led by Project A, with participation from Northzone and Seedcamp.
Project A is an early-stage venture capital firm based in Berlin and London, specializing in technology investments. Established in 2012, the firm manages approximately $1 billion in assets and has partnered with over 130 companies. Its investment focus includes Climate & Energy, Resilience & Defence, Financial Technology, and Global Supply Chains sectors.
Mimo Use of Funds
The funds will be used to expand Mimo's offerings, including the launch of Mimo Flex, a new flexible working capital solution, and Mimo Fetch, an AI-powered bookkeeping automation tool.
About Mimo
Mimo is a financial management platform designed to simplify global payments, cash flow, and financial operations for SMBs, accountants, and bookkeepers. Its unified platform automates accounts payable and receivable processes, as well as bookkeeping and reconciliation. Founded in 2023, with offices in London and Stockholm, its vision is to simplify and grow small business trade by removing barriers to money flow between SMBs.
Funding Details
Company: Omim Technology Ltd.
Raised: $8.5M
Round: Equity
Funding Date: March 2025
Lead Investor: Project A
Additional Investors: Northzone, Seedcamp
Company Website: https://www.mimohq.com/
Software Category: Financial Management
Source: https://www.mimohq.com/article/mimo-raises-equity-round