The Toronto-headquartered AI startup closed the all-equity seed round, bringing its total amount raised to US$10 million to date, chief marketing officer Tony Hocevar said in an email. Staircase Ventures led the round, and Emerald Development Managers participated. Una Software will use the financing as working capital primarily for product development and its go-to-market strategy. (The Logic)
Talking point: Una makes AI platforms for financial forecasting, budgeting and performance planning for companies. It creates workflow builders to track tasks, and models out scenarios including revenue forecasts. The company has also released various new products, like AI-powered financial assistants and predictive analytics for firms. Co-founders Don Mal and Clayton Ramnarine started the company after years in the field building and scaling planning solutions companies like Vena Solutions.