Finaloop Overview
- Year Founded
-
2019
- Status
-
Private
- Employees
-
86
- Latest Deal Type
-
Series A
- Latest Deal Amount
-
$35M
- Investors
-
15
Finaloop General Information
Description
Developer of a real-time accounting platform designed to automate financial management for e-commerce and direct-to-consumer brands. The company offers automated data syncing across sales channels, banks, and payment systems, combined with expert bookkeeping and strategic finance tools, enabling online retailers and brand operators to have accurate, tax-ready reporting and streamlined financial operations.
Contact Information
Website
www.finaloop.comCorporate Office
- 38 6th Avenue
- Brooklyn
- New York, NY 11217
- United States
Corporate Office
- 38 6th Avenue
- Brooklyn
- New York, NY 11217
- United States
Finaloop Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC (Series A) | 17-Jun-2024 | $35M | Completed | Generating Revenue | ||
| 3. Early Stage VC | Completed | Startup | ||||
| 2. Early Stage VC | 01-Oct-2021 | $15.2M | $17M | Completed | Startup | |
| 1. Seed Round | 15-Feb-2021 | $1.8M | $1.8M | Completed | Startup |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Finaloop Comparisons
Industry
Financing
Details
Finaloop Competitors (6)
One of Finaloop’s 6 competitors is FreshBooks, a Venture Capital-Backed company based in Toronto, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| FreshBooks | Venture Capital-Backed | Toronto, Canada | ||||
| Vencru | Accelerator/Incubator Backed | Calgary, Canada | ||||
| Xero (Financial Software) | Corporation | Wellington, New Zealand | ||||
| Pilot | Venture Capital-Backed | San Francisco, CA | ||||
| Tight | Venture Capital-Backed | Bethesda, MD |
Finaloop Signals
Finaloop Investors (15)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Commerce Ventures | Venture Capital | Minority | ||
| Lightspeed Venture Partners | Venture Capital | Minority | ||
| Lightspeed Venture Partners Israel | Venture Capital | Minority | ||
| Vesey Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority |
Finaloop FAQs
-
When was Finaloop founded?
Finaloop was founded in 2019.
-
Where is Finaloop headquartered?
Finaloop is headquartered in New York, NY.
-
What is the size of Finaloop?
Finaloop has 86 total employees.
-
What industry is Finaloop in?
Finaloop’s primary industry is Financial Software.
-
Is Finaloop a private or public company?
Finaloop is a Private company.
-
What is Finaloop’s current revenue?
The current revenue for Finaloop is .
-
How much funding has Finaloop raised over time?
Finaloop has raised $55M.
-
Who are Finaloop’s investors?
Commerce Ventures, Lightspeed Venture Partners, Lightspeed Venture Partners Israel, Vesey Ventures, and are 5 of 15 investors who have invested in Finaloop.
-
Who are Finaloop’s competitors?
FreshBooks, Vencru, Xero (Financial Software), Pilot, and Tight are some of the 6 competitors of Finaloop.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process