Autobooks, the Detroit-based financial technology startup spun out of Billhighway in 2015, has raised $10 million in a Series A1 funding round. Contributors included Draper Triangle, Baird Capital, Detroit Venture Partners, Invest Michigan, and CU Solutions Group.
Autobooks, the Detroit-based startup spun out of Billhighway in 2015, has closed on a $5.5 million Series A funding round. The investment was led by Pittsburgh-based Draper Triangle, with participation from CU Solutions Group, Baird Capital, Detroit Venture Partners, and Invest Michigan.
Autobooks, the Troy-based integrated accounting and payment software startup, won $100,000 and first-runner-up honors. Second runner up JOOL Health, the Ann Arbor maker of a well-being app, won $50,000. ProNav, the U.P. company helping those who fish navigate the waters via mobile app, won $25,000 and was third runner up.