PROFIT logo — Empowering small businesses with free banking and automatic...

PROFIT

Empowering small businesses with free banking and automatic accounting, saving time and money.

Founded 2019 Venture round Total: $1.49M Finance, Financial Services +4

General Information

Company Name PROFIT
Founded Year 2019
Industries Finance, Financial Services, Fintech +3
Funding Stage Venture round
Social

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About PROFIT

PROFIT is a startup that aims to empower small businesses through its offering of free banking and automatic accounting. The company's slogan emphasizes its commitment to saving time and money for small businesses. Founded in 2019, PROFIT operates in the industries of Finance, Financial Services, Fintech, Payments, Banking, and Human Resources. The company provides small businesses with free bank accounts integrated with accounting software, enabling automatic creation and management of P&L, Balance Sheet, and Cash Flow statements. This innovative approach not only saves precious time but also aids in cost-saving for small business owners.

The most recent milestone for PROFIT includes a Venture Round investment at 01 January 2023, with INP Capital emerging as the prominent investor. This investment signifies confidence from the venture capital market in PROFIT's potential to revolutionize small business operations through its unique and essential offerings.

Business keywords: free banking, small businesses, automatic accounting, time-saving, money-saving, P&L statements, Balance Sheet, Cash Flow statements, financial management, business empowerment, startup, entrepreneurship, small business support

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
INP Capital
01 Jan 2023
Pre Seed Round $1.00M -
01 Dec 2021
Pre Seed Round $485.00K 2
Active Capital, Techstars
01 Aug 2019

PROFIT Alternatives & Competitors

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PROFIT vs
Autobooks
Autobooks United States

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PROFIT vs
Tidely
Tidely Germany

Cash flow management software for small and medium-sized businesses.

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PROFIT vs

SeeDCash provides automatic liquidity management software for small businesses and freelancers to pr...

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FAQ About PROFIT

Empowering small businesses with free banking and automatic accounting, saving time and money.
PROFIT was founded in 2019.
PROFIT operates in Finance, Financial Services, Fintech, Payments, Banking and Human Resources. Its work centres on free banking, small businesses, automatic accounting and time-saving.
PROFIT has completed 3 funding rounds, raising a total of $1.49M. The latest funding stage is Venture round.
Top alternatives and competitors to PROFIT include Autobooks, Tidely, SeeDCash, Friday Finance, SteadiPay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PROFIT and Autobooks are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for PROFIT, https://bouncewatch.com/company/profit, updated 26 December 2024. When citing, please name BounceWatch and link this page.

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