Pre-seed funding of $900,000 has been raised for the digital accounting software Metric.
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A pre-seed fundraising round of $900,000 was raised by Metric, a digital accounting tool that caters to small and medium-sized businesses (SMBs) and startups, according to the fintech company on Thursday, which had an oversubscribed round.
The funding was raised in a round led by i2i Ventures, with participation from local and international venture capitalists (VCs), including Ratio Ventures, Deosai Ventures, Kinnow Capital, Outliers Venture Capital, and Augmentor Capital. The company is based in the Middle East, North Africa, and Pakistan (MENAP), and it was raised in a round led by i2i Ventures.
Angel investors, including Giacomo Ficari, the founder of Aspire and Lifepal, Alam Zafar, the chairperson of Arif Habib Limited, deep tech VC Faridul Haque, and Rameez Zafar, the founder of Eligible.ai, participated in the round as well.
