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Venture Capital News: Passthrough Raises $10M Series A

2023-02-01
NEW YORK, NY, Passthrough, a leader in fund workflow automation, has raised $10 million in Series A funding.
Passthrough, a leader in fund workflow automation for investors, fund managers, and other fintechs announced they have raised $10 million in Series A funding. This brings the total amount of funding to $15 million. Positive Sum returned to lead the round, with participation from Motley Fool Ventures, Broadhaven Ventures and returning investors Company Ventures and Great Oaks VC.

Additional strategic angel investors and operators participated in this round, including: Kelsey Chase (co-founder at Aumni, Inc.); David Reuter (Partner at LLR Partners); Adam Demuyakor, (Founder and Managing Partner of Wilshire Lane); Eric Bahn (General Partner at Hustle Fund); and Peter Fader (Professor at the Wharton School of the University of Pennsylvania).
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