RedOwl raises $5.3M
RedOwl announced a Seed round of $5.3M on 13 October 2026. The company operates in FinTech and is based in Australia. It was founded by Jitto Arulampalam, Co-founder. Announced 3 days ago.
Founder
Jitto Arulampalam
Co-founder, RedOwl
Outreach angles
- -Jitto Arulampalam co-founded Melbourne-based RedOwl in 2024 with Thushan Shanmugarajah.
- -The founders built RedOwl after examining an invoice fraud that existing systems and audit processes failed to detect.
- -RedOwl raised a $5.3M Seed led by Tidal Ventures to roll the platform out to large businesses and expand overseas.
Signals
SeedB2BAI-NativeFinTechEnterprise
Round details
Company: RedOwl
Domain: redowl.ai
Amount: $5.3M
Stage: Seed
Industry: FinTech
Country: Australia
Announced: 13 October 2026
Other FinTech raises
Recently funded in Australia