Its initial $10 million Series A round on Feb. 8 was led by City National and TTV Capital, with participation from Stanford-StartX Fund, S-Cubed Capital, Palo Alto Venture Partners, Skyview Fund, The Strand Partners and Temerity Capital. An unusually quick follow-on Series B round of $10.6 million was announced Feb. 17 coming from Entertainment Partners and the two Series A round leaders.
Exactuals offers a software-as-a-service platform called PaymentHub that assists enterprises in paying non-employees. The platform registers clients’ data, calculates payments based on preferences, aggregates payment data and distributes deposit payments to non-employees.
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