NBIF Joins $1M Funding Round for Profitual

Jeff White

CEO

 

NBIF is pleased to announce that we have joined other investors in a $1M funding round for Profitual, a Fredericton-based fintech startup led by founder and CEO Raymond Fitzpatrick. Profitual’s AI-powered software is transforming how startups build financial models, enabling founders to make confident decisions as they grow. To date, they’ve supported 100+ companies in raising a combined $25M.

This investment will fuel Profitual’s continued innovation and expansion, helping them better serve customers, broaden their reach, transition to a fully SaaS model, and accelerate growth in monthly recurring revenue.

Congratulations to Ray and the entire Profitual team on this incredible milestone! We are excited to support your mission to simplify financial modeling for startups and empower fellow founders.