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UK startup Causal raises $4 2M to kill Excel with a better number-crunching app – TechCrunch

UK startup Causal raises $4.2M to kill Excel with a better number-crunching app Excel and Google Sheets can only address pure ‘number crunching’ in a limited way. A new UK startup, Causal hopes to tackle this issue and has now raised a $4.2 million seed round led by Accel. Existing investors Coatue, Passion Capital, Verissimo Ventures, Naval Ravikant, Varadh Jain and others, also participated. The raise brings Causal’s total funding to $5.5 million, which the company will use to grow the engineering team and launch on Product Hunt next month. Despite the fact that spreadsheets are crucial to normal business operations, there are multiple use cases for sales teams, finances teams etc, all of which are very different. Causal hopes to address these with a more data-driven, collaborative approach.

Lease accounting workflow startup Trullion secures seed funding

Lease accounting workflow startup Trullion secures seed funding
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