# Finxact funding: rounds and investors

> Finxact has raised $42M across 2 rounds since 2017. Investors include LiveOak Ventures, TA Ventures and Accenture Ventures. Every round with its source.

Source: https://millionrounds.com/company/finxact (Millionrounds; every figure on the page links to its filing or article)

United States · [Growth startup](https://millionrounds.com/companies)

# Who invested in *Finxact*

2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Funding summary Updated 26 Oct 2026

**$42M** raised across 2 rounds since 2017, from 2 sources

**$12M** Seed **$30M** Growth

- **Latest round:** Growth, $30M Jan 2019
- **Step-up i:** 2.5×
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2019

**$12M** Seed

**$30M** Growth

- **First round:** Seed, $12M
- **Biggest round:** $30M
- **Between rounds:** 21 months

## The rounds

- **Jan 2019** Growth **$30M** *8 new* *1 returning* [TA Ventures](https://millionrounds.com/fund/ta-ventures) [LiveOak Ventures](https://millionrounds.com/fund/liveoak-ventures) [Accenture Ventures](https://millionrounds.com/fund/accenture-ventures) [SunTrust Bank](https://millionrounds.com/fund/suntrust-bank) [First Data](https://millionrounds.com/fund/first-data) American Bankers Association Live Oak T.N. Incorporation Ltd Woodforest National Bank Reported by FinSMEs SEC filing: $30M sold, first sale Dec 2018
- **May 2017** Seed **$12M** *1 new* [LiveOak Ventures](https://millionrounds.com/fund/liveoak-ventures) Reported by FinSMEs

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Francis Sanchez** Executive Officer, Director i
- **Michael A. Sanchez** Executive Officer, Director i

On the board, as filed i *Arkadi A. Kuhlmann* *Christopher A. Foskett* *Craig A. Phillips* *James S. Mahan*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2017 **Growth** 2019 [LiveOak Ventures](https://millionrounds.com/fund/liveoak-ventures) [TA Ventures](https://millionrounds.com/fund/ta-ventures) [Accenture Ventures](https://millionrounds.com/fund/accenture-ventures) [SunTrust Bank](https://millionrounds.com/fund/suntrust-bank) [First Data](https://millionrounds.com/fund/first-data) American Bankers Association Live Oak T.N. Incorporation Ltd Woodforest National Bank

## Everyone who backed them

[LiveOak Ventures](https://millionrounds.com/fund/liveoak-ventures) VC firm **2** rounds

[TA Ventures](https://millionrounds.com/fund/ta-ventures) VC firm **1** round

[Accenture Ventures](https://millionrounds.com/fund/accenture-ventures) Corporate VC **1** round

[SunTrust Bank](https://millionrounds.com/fund/suntrust-bank) Growth equity **1** round

[First Data](https://millionrounds.com/fund/first-data) Corporate VC **1** round

American Bankers Association no record of our own yet **1** round

Live Oak no record of our own yet **1** round

T.N. Incorporation Ltd no record of our own yet **1** round

Woodforest National Bank no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=finxact).

## Quick answers about Finxact

### Who invested in Finxact?

Finxact's investors include LiveOak Ventures, TA Ventures, Accenture Ventures, SunTrust Bank and First Data, and 4 more on record.

### How much has Finxact raised?

Finxact has raised $42M across 2 rounds since 2017.

### When did Finxact last raise?

Finxact's most recent round was a Growth of $30M in Jan 2019.

### What was Finxact's biggest round?

Its most recent round, $30M in Jan 2019, is also its largest on record.

### Who backed Finxact first?

Finxact's first round on record, in May 2017, was backed by LiveOak Ventures.

### What stage is Finxact at?

Finxact's latest named round is a Growth, in Jan 2019.

### Where is Finxact based?

Finxact is based in the United States.

## Companies like Finxact

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)

## Find investors like these

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