Calculum Raises Seed Funding

Calculum, a Miami, FL-based Fintech Data-as-a-Service (DaaS) company, raised an undisclosed amount in Seed funding.

The round was led by Vestigo Ventures, with participation from Nevcaut Ventures, Revolution’s Rise of the Rest Seed Fund, XBTO Humla Ventures, and KD Venture Partners.

The company intends to use the funds to accelerate growth and expand operations.

Le day Oliver Belin, founder and CEO, Calculum is a fintech Data-as-a-Service (DaaS) company, leveraging advanced analytics, proprietary data assets, and AI to enable organizations to select suppliers, negotiate terms, assess the risk of supply chain disruptions, and optimize working capital.

Its solution allows organizations to compare themselves with their competitors, analyze their suppliers in terms of payment terms, financials, sustainability, ESG (Environmental, Social, Governance), and conduct all the necessary arguments to negotiate more favorable terms. Calculum provides its financial supply chain solutions to companies of all sizes, including banks, private equity institutions, and their corporate clients globally.

Today, Calculum counts several large multinational companies among its clients and has data on more than a million suppliers with the ability to cover up to 100% of a typical corporation’s global supplier list.