Fintech Startup Ceterus Brings $6 Million

Ceterus announced the close of $6 million in Series A financing. Five investors participated in the round, including Grotech Ventures, TechOperators, IDEA Fund Partners, and Alerion Ventures.

Cterus is a national accounting and intelligence technology company that helps entrepreneurs be successful by automating their bookkeeping and reporting. Edge, its proprietary, cloud-based technology, delivers on-time bookkeeping, financial reporting, and peer benchmarks for all business performance metrics. Ceterus operates from its headquarters in Charleston, SC, bringing together a team of talented accounting and technology professionals.

According to the company, Ceterus will use this funding to continue growing its team and to expand to new small business markets. The company is actively hiring to expand the team.