Railz.ai Inc.

railz.ai

High-Tech Company

Acquired by Fidelity National Information Services

TECH VERTICALS

API, Artificial Intelligence, Enterprise Applications, FinTech, Insurtech

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Initial Revenues
Established	2018
Number of Employees	43

DESCRIPTION

Railz is empowering the SME economy by providing better access to a Small Business' accounting data. Through the company's Accounting Data as a Service API, financial service providers can access customer information in order to better assess the true financial health of a Small Business.

TECHNOLOGY

Artificial intelligence, API.

	TARGET MARKETS
	Financial services, Small businesses.

	BUSINESS MODEL
	B2B

COMPETITORS

Codat , Apoidea , Cognaize

CONTACT INFO

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Main Address: Mississauga, ON, Canada

City	Mississauga, ON
Country	Canada

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title
Mr. Ron Benegbi	Co-Founder
Mr. Sohaib Zahid	Co-Founder

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Aug. 01, 2024

Initial Revenues

abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Secondary Deal

Jan. 01, 2022

Initial Revenues

abCDe

First Round

May. 06, 2021

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe	01/01/2022: Holdings sold
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	General Accelerator	abCDe

Seed

Aug. 24, 2020

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	General Accelerator	abCDe

	Non-Equity Assistance

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Date

Stage

Remarks

Non-Equity Assistance

Jun. 02, 2021

Initial Revenues

Contributor	Type	Amount	Remarks
abC Defghij	Corporate Accelerator	abCDe

Last Updated:	abCDe
IVC Number:	abCDe