Blackbird leads USD10m seed round in fintech Marloo
Australian fintech startup Marloo raised a USD10 million seed round led by Blackbird Ventures to accelerate development of its AI tool for financial advisers. Marloo reported 40% month-on-month revenue growth and now has over 650 paying firms across six countries.
Australian financial technology startup Marloo has raised a USD10 million seed round led by Blackbird Ventures. The funding will accelerate development of Marloo's AI tool for financial advisers, which automates administrative tasks by converting client meetings into advice documents. Marloo has seen 40% month-on-month revenue growth and now boasts over 650 paying firms across six countries. The company has raised a total of USD12.7 million in 12 months. The funding doubles down on Blackbird's $4.2 million pre-seed funding announced in September last year. Marloo's AI assistant helps financial advisers by writing documents in their style.
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