How much funding has Ontik raised?

Ontik has raised $3.7M in total funding, most recently a Seed round.

Who are Ontik's investors?

Ontik's investors include Firstminute Capital, PT1, Illusian, FJ Labs, Seed X, Tiny VC.

Where is Ontik headquartered?

Ontik is headquartered in United Kingdom.

Ontik

Paid without the chasing

United Kingdom · Founded 2022 · $3.7M raised

Real Estate

Founded: 2022
Business Model: B2B
Website: ontik.io

Total Funding: $3.7M
Last Round: $3.7M SeedMay 2025
Rounds: 1

About

Ontik is a London-based B2B fintech platform that automates trade credit and order-to-cash operations for wholesale merchants and trade suppliers, particularly in the construction and building materials sector. The platform provides a live aged-debtor dashboard, automated payment chasing across SMS, WhatsApp, and email with branded payment links, ERP integrations, and an AI credit-control agent that predicts late payers, dispatches missing documents, and reconciles payments automatically. Founded in 2022 by brothers John Smith and Christopher Smith, Ontik raised a .7 million seed round in May 2025 to expand across the UK's £100 billion building materials market, with early customers reporting a 60% reduction in time spent chasing payments and cash collected 30% faster.

Summary

Ontik is a Real Estate company based in United Kingdom, founded in 2022. It has raised $3.7M in total across 1 round, most recently a $3.7M Seed round in May 2025. Investors include Firstminute Capital, PT1 and Illusian.