Round

Round, an AI-native finance automation platform, has successfully raised £4.5 million in a Seed funding round. The round was led by Alstin Capital, with participation from BACKED VC, Love Ventures, and existing investor Passion Capital. Notably, roughly 10% of Round’s existing customer base invested in the round, alongside angel investors like Indeed co-founder Paul Forster.

Summary of transaction details:

• Value: £4.5 million
• Sector: FinTech / AI Finance Automation
• Advisor: Not disclosed
• Key Entities: Target: Round; Lead Investor: Alstin Capital; Participating Investors: BACKED VC, Love Ventures, Passion Capital, Paul Forster; Key Founders: Hayyaan Ahmad, Pac O’Shea
• Location: Europe (Serving fast-growing unicorns)

Note: Round aims to fundamentally shift finance tools from software that advises to systems that actively execute. By acting as an execution layer across fragmented finance tools, the platform automatically moves money for tasks like payments, payroll, and cash management, preventing finance teams from acting as "human middleware." Since launching less than a year ago, Round has already processed over $500 million in transactions for clients including Cleo and PostHog. This capital injection will support the launch of two new products: an "Agentic Workflow Builder" (creating workflows via plain English text) and an end-to-end "Autonomous Payroll" system.