Sweep launches Seedrs campaign to help next phase of growth

by Startacus Admin
Sweep, the expense and travel management platform for SMEs launches a Seedrs fundraising campaign to further develop existing tools and develop new features
News from Sweep, the expense and travel management platform for SMEs which has just launched a Seedrs fundraising campaign as it continues to raise capital during a key stage of the business’ growth.
Sweep is powered by Open Banking technology and provides real time transaction tracking and digital expense categorization, creating reports and analysis with just a few clicks. It automates financial reporting, analyses data and finds new opportunities for savings.
The UK headquartered business aims to raise £200,000 and use The Future Fund to double this to £400,000.
The Future Fund, delivered by the British Business Bank, offers convertible loans ranging from £125,000 to £5m from the government, subject to an equal match funding from private investors.
Sweep’s latest fundraise will both go towards further developing existing tools, as well as developing new features to help UK businesses better manage their finances. Their focus is on automating essential business processes that will help drive efficiency and productivity in a post-COVID economy.
Billel Ridelle, Founder and CEO at Sweep, commented: “We want to continue using the power of Open Banking technology to drive innovation and help SMEs gain better insight, visibility and control over where their money is going. This means not only doubling down on our Sweep Expenses management tool but also developing new products and services that manage bills, invoices, and cashflow.”
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.

Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.

The lowdown on FuturePlus, the startup that's on a mission to make sustainability accessible, achievable and affordable for all businesses.

John McLachlan, author and co-founder of Monkey Puzzle Training & Consultancy examines the differences between action-oriented and reflective leaders and which approach is best.

The fitness app that's not just about physical fitness; GoJoe helps employers to engage, motivate and connect their people across all pillars of wellbeing.

Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.

Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.

London-based startup Deep Render tackles the internet’s data and bandwidth challenges via its innovative AI-powered file compression technology.

The lowdown on Dublin-based startup and NUI Maynooth spin-out Neuromod Devices and its innovative evidence-based bimodal neuromodulation treatment for chronic tinnitus.

With the clear shift towards generative AI, Richard Hayes, search director at digital marketing agency Catalyst explores what it means for SEO...
Published on: 9th November 2020
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- Startup Sook Receives Investment from Tobin Capital 24th May 2023 Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.
- L Marks Seeking Startups and Scaleups for Sodexo Healthcare and Seniors Accelerator 23rd May 2023 Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.
- United Utilities Innovation Lab launches call-out for innovative ideas for fifth programme 18th May 2023 Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.
- OneTech Spins Out from Capital Enterprise to Support Underserved Communities in Tech Across the UK 18th May 2023 Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.