Ireland · Series C startup

Who invested in TransferMate

3 rounds we have observed, with the 2 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.

B2BFintech

Valuation: $1.0B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$130Mraised across 3 rounds since 2017, from 4 sources

$35MRound$25MRound$70MSeries C
Latest round
Series C, $70MMay 2022
Step-upi
2.8×
Investors
2
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.

20182019202020212022
$35MRound$25MRound$70MSeries C
First round
Round, $35M
Nov 2017
Biggest round
$70M
Series C · May 2022
Usual gap between rounds
3.8 years
the median of 2

The rounds

  1. May 2022
    Series C$70M

    No investor was named in the report.

    Source recorded and 1 other

  2. Jul 2018
    Round$25M1 new

    Reported by FinSMEs

  3. Nov 2017
    Round$35M1 new

    Reported by FinSMEs

Founders and team

From TransferMate's own website: 1 founder, 12 on the team.

Terry CluneCo-Founder & Executive Chairman
  • Gary ConroyPresident and Chief Commercial Officer, TransferMate
  • Barry HendersonChief Risk Officer
  • Brian CalnanChief Operations Officer
  • Brid SaruwatariChief Financial Officer
  • Margaret CorriganChief Information Security Officer
  • Owen O ByrneChief Product Officer
  • Sinéad O'NeillChief Marketing Officer
  • Alex ClementsHead of AML
  • Austin MorrowHead of Regulatory Compliance
  • David KinnearHead of HR
  • Una DowneyHead of Treasury
  • Maurice MurphyCorporate In-House Legal Counsel

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.

Round2017Round2018Series C2022ING GroupAllied Irish Banks

Everyone who backed them

ING GroupGrowth equity1round
Allied Irish BanksInvestment bank1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about TransferMate

Who invested in TransferMate?

TransferMate's investors include ING Group and Allied Irish Banks.

How much has TransferMate raised?

TransferMate has raised $130M across 3 rounds since 2017.

When did TransferMate last raise?

TransferMate's most recent round was a Series C of $70M in May 2022.

What was TransferMate's biggest round?

Its most recent round, $70M in May 2022, is also its largest on record.

Who backed TransferMate first?

TransferMate's first round on record, in Nov 2017, was backed by Allied Irish Banks.

What stage is TransferMate at?

TransferMate's latest named round is a Series C, in May 2022.

Where is TransferMate based?

TransferMate is based in Ireland.

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