Startup payments company Twill Payments announced the successful closure of its pre-seed funding round, marking a significant milestone in its mission to democratize data analytics for small to medium-sized businesses (SMEs) via Twill AI.
This funding round will drive the development of Twill’s compelling platform, designed to aggregate and interpret business data through a secure, user-friendly interface.
Launched by a seasoned team of designers, data experts, and payments veterans passionate about empowering companies with actionable insights, Twill AI aims to address a crucial gap in the market. By realizing SMEs pay steep costs to process payments but often lack the resources to support their data entirely, Twill is committed to creating a solution that simplifies data analysis and makes it accessible to all business owners.
Twill’s platform will offer a vast API library for securely connecting business applications to a secure and centralized database. This will enable users to engage dimensionally with their data and spark ideas organically through conversation with a trusted partner. Twill AI enables businesses to highlight hidden opportunities, forecast trends, and streamline their decision-making processes by facilitating a deeper understanding of their operations.
The pre-seed funds will be essential in further developing Twill’s AI capabilities, including advanced analytics features that proactively identify insights and trends businesses might not know to look for. And Twill believes in the power of people, and imbuing superpowers to the bookkeepers and accountants that keep SMEs running is a primary objective of the platform with every development.
As Twill Payments prepares for its next growth phase, the company is committed to building a platform and a community of businesses and financial professionals equipped to navigate the complexities of the modern data landscape. Through Twill, SMEs have a data analytics partner ready to illuminate the path to success.
KEY QUOTES:
“We are thrilled to have the support of our investors, who share our vision for a future where every business, regardless of size, can leverage the power of their data. This funding is not just an investment in Twill but in the potential of SMEs to innovate, grow, and compete on a level playing field.”
- Michael Wright, Founder of Twill
