Today, Swedish fintech Ankor announced a $1.3 million Pre-Seed funding round for its execution-first platform for e-commerce operations.
Founded by former professional athlete turned tech veteran Kyle Rowley, Ankor was built after his four years working with numerous finance teams, including over 75 conversations with e-commerce founders.
These interactions revealed a critical insight: highly capable teams were hindered by a fundamental lack of connectivity and visibility across their systems, resulting in time-consuming manual work.
"I met smart operators who knew exactly what needed to be done, but they were drowning in manual reconciliation," said Kyle Rowley, CEO of Ankor.
"We realised there was a more viable path forward to free them for high-impact work."
The global e-commerce operations software market has been dominated by analytics platforms that show problems but don't solve them.
Ankor's execution-first approach eliminates operational friction, allowing teams to focus on what matters most: driving growth and achieving a competitive advantage.
Ankor’s unique approach introduces Accelerators — purpose-built AI agents designed for specific operational challenges.
Unlike general-purpose AI, Ankor’s specialised Accelerators operate within precisely defined parameters with auditable business logic, autonomously identifying opportunities and executing solutions with minimal human input.
Ankor’s Payment Reconciliation Accelerator, a live specialised AI agent, provides end-to-end traceability from order to payout. It automatically flags misalignments between stores and payment providers, ensuring financial accuracy without manual spreadsheet detective work.
The impact on productivity is immediate. BÆRskin’s CTO Gus Fune stated:
"Ankor didn’t just save us time, it gave us our sanity back. We cut over 30 hours monthly on reconciliation down to less than 2."
This funding round was supported by Upfin, Bust, Torq Partners, and industry experts from Juni, Pleo, Moss, and Klarna.
"The best platforms start by solving real pain, not pitching grand visions. Kyle went deep into operations, earned genuine trust from operators, and now Ankor has both the data advantage and operator relationships to become an impactful player in the space," said Oliver Sjöstedt, Managing Partner at Upfin.
"In 10 years of supporting growing companies with finance operations, we haven't seen proper solutions for revenue reconciliation—especially for businesses that don't need full ERPs," commented Roman Finke, Managing Partner of Torq Partners.
"Ankor fills a critical gap in an underserved but rapidly evolving market."
Ankor’s platform integrates with major e-commerce platforms, including the Shopify and Centra ecosystems, payment processors, bank accounts, and accounting systems.
"We’re not here to give you another dashboard. We’re here to give you your time back," Rowley emphasised. "When you remove the busy work, you free up cognitive space for high-impact thinking that moves the business forward."
"We believe the operators closest to e-commerce problems are uniquely capable of building solutions—they just need tools that remove the friction holding them back," Rowley said. "That's exactly what we're building."
Ankor is currently in private beta with select e-commerce businesses operating on Shopify and Centra.
Lead image: Kyle Rowley, CEO of Ankor. Photo: uncredited.
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