The SME tech startup TranZact, offering a SaaS-based digital transformation tool for SMEs, has raised $7 million in Series A round. The funding was led by San Francisco-based Tribe Capital with participation from Prime Venture Partners, Gemba Capital and existing investor Kae Capital.
The startup will use the fresh capital for product innovations that bring simplicity, leverage evolving technology, and harness the power of data to help SMEs grow better. TranZact also plans to invest in new talent and expand its team across all functions.
