BeyondSquare Solutions, the Bengaluru IT enterprise behind FinAlyzer, has secured US$4 million in series A funding led by Avant Global Corporation.

The investment will occur in three stages, starting with new and convertible shares, followed by additional subscriptions from current shareholders, and ending with warrant conversions if performance milestones are met.

FinAlyzer is a financial consolidation and reporting platform designed to automate compliance and reporting for finance teams.

BeyondSquare Solutions said it plans to use the new funding to expand automation, enhance compliance features, and improve scalability of its platform.

The company was founded by Karthik Ganeshan, Venkatachalam PK, and Dr. Rangan Varadan.

🔗 Source: BeyondSquare Solutions