Citi Ventures was among the investors in the series C round, which increased the bookkeeping software provider's overall funding to more than $100m.

US-based accounting software developer ScaleFactor has completed a $60m series C round that included Citi Ventures, the strategic investment vehicle for financial services firm Citi, The round was led by hedge fund manager Coatue Management and included Broadhaven Ventures, part of independent investment bank and advisory firm Broadhaven, as well as Bessemer Venture Partners (BVP),…

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