Skydo, a B2B payments startup, raised $5 million in a Pre-Series A funding round led by Elevation Capital. The funds will support product development, team expansion, and growth in the fintech space.
This round saw participation from existing and angel investors, demonstrating confidence in Skydo's innovative approach to business payments. The company plans to use the investment to scale its operations and enhance its product offerings, further solidifying its position in the market.