The financial mapping software provider has added $2.5m to the SAP-backed first tranche it closed in January, taking the round to $11.5m.

Sayari Labs, the US-based developer of a financial risk analysis platform, increased a series B round featuring enterprise software producer SAP from $9m to $11.5m yesterday.

In-Q-Tel, MissionOG and TFX Capital provided the additional $2.5m, which came after a January 2020 first tranche backed by SAP vehicle NS2 Ventures, Arsenal Growth and Lavrock Ventures.

Founded in 2015, Sayari has built a software tool that visually maps corporate and commercial relationships in order to help increase transparency and reduce financial risk.

Robert Lavine

Robert Lavine is special features editor for Global Venturing.