Lowenstein represented FINTOP Capital as lead investor in the Series B funding Round in Gappify, an automated accounting platform. Other commitments came from Rally Ventures, Stage 2 Capital, SaaS Ventures, and Pasudeco & Co.
The investment brings Gappify’s total funding to $22 million. Gappify is a cloud-based platform that helps automate mission-critical accounting and financial reporting activities. Its flagship solution Accrual Cloud enables midmarket and enterprise accounting teams to orchestrate, execute and analyze month-end accrual processes.
With over $700 million in committed capital across five funds, FINTOP brings decades of FinTech founding and operating experience to the boardroom, partnering with innovative entrepreneurs to push the frontiers of the financial services sector.
The Lowenstein deal team included Anthony O. Pergola, Laura Cicirelli, Claire Dronzek, Mark P. Kesslen, and Oluwaseyi O. Amorin.
About Lowenstein Sandler LLP
Lowenstein Sandler LLP is a national law firm with over 350 lawyers based in New York, New Jersey, Palo Alto, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.