AcctTwo Overview
- Year Founded
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2010
- Status
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Acquired/Merged
- Employees
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100
- Latest Deal Type
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M&A
AcctTwo General Information
Description
Developer of an accounting and financial management software created to help organizations achieve success by transforming finance and accounting. The company's software outsources back-office processes, offers accounts payable, billing and accounts receivable, cash management, payroll, and expense reports services, enabling businesses to avoid the cost of on-premise accounting systems and IT infrastructure and also replace old, outdated accounting systems.
Contact Information
Website
www.accttwo.comCorporate Office
- 1111 North Loop West
- Suite 250
- Houston, TX 77008
- United States
Corporate Office
- 1111 North Loop West
- Suite 250
- Houston, TX 77008
- United States
AcctTwo Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 01-Oct-2021 | Completed | Generating Revenue | |||
| 2. Debt - PPP | 10-Apr-2020 | Completed | Generating Revenue | |||
| 1. Later Stage VC | 14-Dec-2018 | $2.5M | $2.5M | Completed | Generating Revenue |
AcctTwo Comparisons
Industry
Financing
Details
AcctTwo Competitors (23)
One of AcctTwo’s 23 competitors is Supporting Strategies, a Venture Capital-Backed company.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Supporting Strategies | Venture Capital-Backed | |||||
| Pilot | Venture Capital-Backed | San Francisco, CA | ||||
| Candis | Venture Capital-Backed | Berlin, Germany | ||||
| ZipBooks | Venture Capital-Backed | Lehi, UT | ||||
| Brex | Venture Capital-Backed | Salt Lake City, UT |
AcctTwo Related Research & Analysis
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Majestic Referring Domains
AcctTwo Former Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Battery Ventures | Growth/Expansion | Minority |
AcctTwo Acquisitions (1)
AcctTwo’s most recent deal was a Merger/Acquisition with Leap the Pond. The deal was made on 30-Nov-2018.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Leap the Pond | 30-Nov-2018 | Merger/Acquisition | Accounting, Audit and Tax Services (B2B) |
AcctTwo FAQs
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When was AcctTwo founded?
AcctTwo was founded in 2010.
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Where is AcctTwo headquartered?
AcctTwo is headquartered in Houston, TX.
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What is the size of AcctTwo?
AcctTwo has 100 total employees.
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What industry is AcctTwo in?
AcctTwo’s primary industry is Accounting, Audit and Tax Services (B2B).
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Is AcctTwo a private or public company?
AcctTwo is a Private company.
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What is AcctTwo’s current revenue?
The current revenue for AcctTwo is .
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How much funding has AcctTwo raised over time?
AcctTwo has raised $2.5M.
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Who are AcctTwo’s investors?
Battery Ventures has invested in AcctTwo.
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Who are AcctTwo’s competitors?
Supporting Strategies, Pilot, Candis, ZipBooks, and Brex are some of the 23 competitors of AcctTwo.
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When was AcctTwo acquired?
AcctTwo was acquired on 01-Oct-2021.
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Who acquired AcctTwo?
AcctTwo was acquired by Baker Tilly (Chicago).
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