Abound (Financial Software) Overview
- Year Founded
-
2015
- Status
-
Acquired/Merged
- Employees
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15
- Latest Deal Type
-
M&A
Abound (Financial Software) General Information
Description
Developer of a tax filing and management API platform designed to assist independent workers in the payment and filing of taxes. The company's platform uses artificial intelligence and machine learning to estimate, withhold, and pay self-employment taxes on time and automatically calculates how much people owe in taxes whenever it sees them earn new business income in their linked bank account and automatically set aside taxes to be paid to tax authorities, enabling self-employed professionals to handle taxes in an easier, safer and rewarding way.
Contact Information
Website
www.withabound.com(Operating Subsidiary)
Corporate Office
- 4 Embarcadero Center
- Suite 1400
- San Francisco, CA 94111
- United States
Corporate Office
- 4 Embarcadero Center
- Suite 1400
- San Francisco, CA 94111
- United States
Abound (Financial Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | Completed | Generating Revenue | ||||
| 6. Seed Round | 29-Jan-2021 | Completed | Generating Revenue | |||
| 5. Seed Round | 01-Sep-2019 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 27-Sep-2018 | Completed | Generating Revenue | |||
| 3. Seed Round | 25-Jul-2018 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 01-Aug-2016 | $125K | $145K | Completed | Startup | |
| 1. Accelerator/Incubator | 10-Nov-2015 | $20K | $20K | Completed | Startup |
Abound (Financial Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-5 | ||||||||
| Seed-4 | ||||||||
| Seed-3 | ||||||||
| Seed-2 | 386,511 | $0.000100 | $0.5 | $0.5 | 1x | $0.5 | 2.06% | |
| Seed-1 | 682,902 | $0.000100 | $0.18 | $0.18 | 1x | $0.18 | 3.65% |
Abound (Financial Software) Comparisons
Industry
Financing
Details
Abound (Financial Software) Competitors (3)
One of Abound (Financial Software)’s 3 competitors is TaxSlayer, a Private Equity-Backed company based in Augusta, GA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| TaxSlayer | Private Equity-Backed | Augusta, GA | ||||
| Avalara | Private Equity-Backed | Durham, NC | ||||
| Grid | Venture Capital-Backed | San Francisco, CA |
Abound (Financial Software) Signals
Abound (Financial Software) Former Investors (17)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 500 FinTech | Venture Capital | Minority | ||
| 500 Global | Accelerator/Incubator | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
Abound (Financial Software) FAQs
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When was Abound (Financial Software) founded?
Abound (Financial Software) was founded in 2015.
-
Where is Abound (Financial Software) headquartered?
Abound (Financial Software) is headquartered in San Francisco, CA.
-
What is the size of Abound (Financial Software)?
Abound (Financial Software) has 15 total employees.
-
What industry is Abound (Financial Software) in?
Abound (Financial Software)’s primary industry is Financial Software.
-
Is Abound (Financial Software) a private or public company?
Abound (Financial Software) is a Private company.
-
What is Abound (Financial Software)’s current revenue?
The current revenue for Abound (Financial Software) is .
-
How much funding has Abound (Financial Software) raised over time?
Abound (Financial Software) has raised $6.79M.
-
Who are Abound (Financial Software)’s investors?
500 FinTech, 500 Global, , , and are 5 of 17 investors who have invested in Abound (Financial Software).
-
Who are Abound (Financial Software)’s competitors?
TaxSlayer, Avalara, and Grid are competitors of Abound (Financial Software).
-
Who acquired Abound (Financial Software)?
Abound (Financial Software) was acquired by BILL Holdings.
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