Hopscotch (Financial Software) Overview
- Year Founded
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2021
- Status
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Acquired/Merged
- Employees
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15
- Latest Deal Type
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M&A
Hopscotch (Financial Software) General Information
Description
Developer of a financial platform designed to provide instant business-to-business payments for startups and small businesses. The company's platform helps businesses to access funds from client payments instantly, with no transaction fees and also makes business profiles including invoicing info that comes up with account payable tools that are easy to use and provide a clear view of cash flow, enabling startups to get access to all accounting tools and technologies required to maintain their accounts.
Contact Information
Website
www.gohopscotch.com(Operating Subsidiary)
Corporate Office
- 734 Broadway
- Floor 5
- New York, NY 10003
- United States
Corporate Office
- 734 Broadway
- Floor 5
- New York, NY 10003
- United States
Hopscotch (Financial Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 28-Aug-2024 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 30-Nov-2023 | Completed | Generating Revenue | |||
| 1. Seed Round | 08-Mar-2022 | $10.1M | $10.1M | Completed | Generating Revenue |
Hopscotch (Financial Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-4 | ||||||||
| Seed-3 | ||||||||
| Seed-2 | ||||||||
| Seed-1 | 241,806 | $0.000010 | $0.9 | $0.9 | 1x | $0.9 | 2.16% | |
| Seed | 2,267,123 | $0.000010 | $2.68 | $2.68 | 1x | $2.68 | 20.22% |
Hopscotch (Financial Software) Comparisons
Industry
Financing
Details
Hopscotch (Financial Software) Competitors (5)
One of Hopscotch (Financial Software)’s 5 competitors is Melio, a Formerly VC-backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Melio | Formerly VC-backed | New York, NY | ||||
| FreshBooks | Venture Capital-Backed | Toronto, Canada | ||||
| Finastra | Private Equity-Backed | London, United Kingdom | ||||
| Backbase | Private Equity-Backed | Amsterdam, Netherlands | ||||
| BILL Holdings | Private Equity-Backed | San Jose, CA |
Hopscotch (Financial Software) Signals
Hopscotch (Financial Software) Former Investors (14)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Brightlane Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| NFX | Venture Capital | Minority | ||
| Noemis Ventures | Venture Capital | Minority |
Hopscotch (Financial Software) FAQs
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When was Hopscotch (Financial Software) founded?
Hopscotch (Financial Software) was founded in 2021.
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Where is Hopscotch (Financial Software) headquartered?
Hopscotch (Financial Software) is headquartered in New York, NY.
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What is the size of Hopscotch (Financial Software)?
Hopscotch (Financial Software) has 15 total employees.
-
What industry is Hopscotch (Financial Software) in?
Hopscotch (Financial Software)’s primary industry is Financial Software.
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Is Hopscotch (Financial Software) a private or public company?
Hopscotch (Financial Software) is a Private company.
-
What is Hopscotch (Financial Software)’s current revenue?
The current revenue for Hopscotch (Financial Software) is .
-
How much funding has Hopscotch (Financial Software) raised over time?
Hopscotch (Financial Software) has raised $10.1M.
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Who are Hopscotch (Financial Software)’s investors?
Brightlane Ventures, , , NFX, and Noemis Ventures are 5 of 14 investors who have invested in Hopscotch (Financial Software).
-
Who are Hopscotch (Financial Software)’s competitors?
Melio, FreshBooks, Finastra, Backbase, and BILL Holdings are competitors of Hopscotch (Financial Software).
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When was Hopscotch (Financial Software) acquired?
Hopscotch (Financial Software) was acquired on 28-Aug-2024.
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Who acquired Hopscotch (Financial Software)?
Hopscotch (Financial Software) was acquired by Avalara.
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