FundedIQ
Financial Services

Sonovate: Funding, Investors & Team (Sep 2026)

Sonovate is changing how organizations of every kind access money and support to deal with their independent labor force. Sonovate helps organizations, from enlistment new businesses to enormous scope associations who've become worn out on the conventional way to deal with finance from the financial world. It offers a full start to finish work pay arrangement, dealing with undertakings, for example, credit control, invoicing, installments, agreements, consistence, and timesheets through its cloud-based position the board application.

www.sonovate.com LinkedIn London, United Kingdom 101-250 employees
B2B Financial Services FinTech Information Technology Productivity Tools SaaS
Total raised
$197M
Rounds
1
Latest
Debt Financing
Jul 2022

Sonovate has raised $197M across 1 funding round on record, the most recent a Debt Financing of $197M announced in Jul 2022.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Sonovate Company Profile and Key Stats

Total funding raised
$197M
across 1 round on record
Funding rounds on record
1
Latest funding round
Debt Financing
$197M in Jul 2022
Employees
101-250
reported band
Headquarters
London, United Kingdom

Latest funding round on record: Jul 2022.

Sonovate Funding Rounds

Date
Round
Amount
Debt Financing
$197M

Sonovate Founders and Leadership Team

Name
Role
Contact
Richard Prime
CEO
Locked

Contact details for the Sonovate team: 1 of 1 has an email address on file.

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Sonovate Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Sonovate's latest round of $197M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Sonovate Funding FAQs

What does Sonovate do?

Sonovate is changing how organizations of every kind access money and support to deal with their independent labor force. Sonovate helps organizations, from enlistment new businesses to enormous scope associations who've become worn out on the conventional way to deal with finance from the financial world. It offers a full start to finish work pay arrangement, dealing with undertakings, for example, credit control, invoicing, installments, agreements, consistence, and timesheets through its cloud-based position the board application.

How much funding has Sonovate raised?

Sonovate has raised $197M across 1 round on record. The most recent is a Debt Financing of $197M announced in Jul 2022.

When did Sonovate last raise funding?

Sonovate's most recent funding round on record is a Debt Financing of $197M, announced in Jul 2022.

Who is the CEO of Sonovate?

Richard Prime is listed as CEO at Sonovate.

Where is Sonovate headquartered?

Sonovate is based in London, England, United Kingdom.

How many employees does Sonovate have?

Sonovate is in the 101-250 employee band.

How does Sonovate's funding compare to other Financial Services startups?

Sonovate's latest round of $197M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Sonovate Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Sonovate is left off this page rather than filled in.

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