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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
Employees 4
Industries Finance, Financial Services, Fintech +1
Funding Stage Series C
Social

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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.

Business keywords: 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 $60.00M 8
Bessemer Venture Partners Next Play Capital Canaan Partners
Bessemer Venture Partners, Next Play Capital +6
08 Aug 2019
Series B $30.00M 4
Bessemer Venture Partners Canaan Partners Firebrand Ventures
Bessemer Venture Partners, Canaan Partners +2
17 Jan 2019
Series A $10.00M 4
Flyover Capital Canaan Partners Citi Ventures
Flyover Capital, Canaan Partners +2
24 Jul 2018
Seed Round $2.50M 6
Flyover Capital Matchstick Ventures Next Coast Ventures
Flyover Capital, Matchstick Ventures +4
09 Nov 2017
Pre Seed Round Undisclosed 1
Techstars
Techstars
20 Apr 2017
Convertible Note $100.00K 2
Right Side Capital Management Techstars
Right Side Capital Management, Techstars
01 Feb 2017
Angel Round $370.00K -
01 Jan 2015

ScaleFactor Alternatives & Competitors

ScaleFactor vs
Zeni
Zeni United States

Unleash the Power of AI Bookkeeping with a dedicated team of experts — www.zeni.ai

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430 employees
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ScaleFactor vs
sevDesk
sevDesk

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ScaleFactor vs
ZipBooks
ZipBooks

ZipBooks is simple, beautiful, and powerful accounting software that gives you the tools and intelli...

Seed
3 employees
Financial Services, Information Technology

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 Finance, Financial Services, Fintech and SaaS. Its work centres on accounting software, finance software, automated bookkeeping and financial insights.
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 Zeni, sevDesk, ZipBooks, North Peak Services, Addition. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ScaleFactor and Zeni 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 ScaleFactor, https://bouncewatch.com/company/scalefactor, updated 25 March 2026. When citing, please name BounceWatch and link this page.

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