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Fluence Technologies raises $12.5 million CAD, swaps CEOs to fuel next phase of growth - Vimarsana News

Fluence Technologies raises $12.5 million CAD, swaps CEOs to fuel next phase of growth

Fluence Technologies raises $12.5 million CAD, swaps CEOs to fuel next phase of growth Toronto FinTech software startup Fluence Technologies has closed a $12.5 million CAD ($10 million USD) Series A round from Banneker Partners, as it looks to bring its financial close and consolidation software to more mid-sized companies, and expand its presence in Europe. The startup has also appointed performance management software veteran Michael Morrison as its new CEO. Morrison is replacing Fluence’s founding CEO John Power, who is transitioning to COO. In the new role, Power will fo...