ScaleFactor logo — ScaleFactor shared some important news today. See the CEO’s...

ScaleFactor

ScaleFactor shared some important news today. See the CEO’s letter to staff pinned below.

Founded 2014 United States Austin, United States 4 employees Series C Total: $102.97M Finance, Financial Services +2

General Information

Company Name ScaleFactor
Founded Year 2014
Location United States Austin, United States +1
Employees 4
Industries Finance, Financial Services, Fintech +1
Funding Stage Series C
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About ScaleFactor

ScaleFactor is a finance and financial services startup that has been revolutionizing the industry since its establishment in 2014. Based in Austin, Texas, the company aims to facilitate business growth by offering intelligent software designed to automate accounting tasks and provide actionable financial insights. Its range of accounting and finance software features automated bookkeeping, proactive alerts, and other innovative functionalities, eliminating manual efforts and enhancing operational efficiency for modern businesses. ScaleFactor's technology transforms intricate accounting tasks into invaluable business insights, allowing business owners, managers, and entrepreneurs to focus on managing and expanding their enterprises. In August 2019, ScaleFactor received a significant $60.00M Series C investment from a group of notable investors including Bessemer Venture Partners, Next Play Capital, Canaan Partners, Coatue, Firebrand Ventures, Broadhaven Ventures, Stripes, and Vulcan. This substantial investment is a testament to the confidence of these renowned venture capital firms in the potential and capabilities of ScaleFactor's innovative solutions. As the company continues to expand its influence in the fintech and SaaS industries, its strategic partnerships and ongoing developments are positioning it as a significant player in reshaping the future of financial technology.

Taxonomy: accounting software, finance software, automated bookkeeping, financial insights, business automation, entrepreneurship, business management, financial data analysis, Austin, Texas, startup, small business, data-driven decision making

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 8
Investor Investor Investor Investor Investor Investor Investor Investor
08 Aug 2019
Series B •••••• 4
Investor Investor Investor Investor
17 Jan 2019
Series A •••••• 4
Investor Investor Investor Investor
24 Jul 2018
Seed Round •••••• 6
Investor Investor Investor Investor
•••• ••••
09 Nov 2017
Pre Seed Round •••••• 1
Investor
20 Apr 2017

View All 7 Funding Rounds

ScaleFactor Alternatives & Competitors

ScaleFactor vs
MyCFOPartners
MyCFOPartners United States

Helping you spend more time ON your business, less time IN it!

2 employees
Finance, Financial Services
ScaleFactor vs

Accounting for your Business Beyond the Bottom Line. Proudly serving our valued clients for over 100...

46 employees
ScaleFactor vs
AccountsIQ
AccountsIQ Ireland

Delivering cloud accounting software for mid-sized and growing businesses.

Series C
146 employees
Finance, Financial Services

FAQ About ScaleFactor

ScaleFactor shared some important news today. See the CEO’s letter to staff pinned below.
ScaleFactor was founded in 2014.
ScaleFactor is headquartered in Austin, United States.
ScaleFactor operates in the following industries: Finance, Financial Services, Fintech, SaaS.
ScaleFactor has approximately 4 employees.
ScaleFactor has completed 7 funding rounds, raising a total of $102.97M. The latest funding stage is Series C.
Top alternatives and competitors to ScaleFactor include MyCFOPartners, Holbrook & Manter, CPAs, AccountsIQ, Intelfolio, The W2 Group, LLC. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ScaleFactor and MyCFOPartners 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.

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