ScaleFactor, a smart finance and accounting platform that enables businesses to operate in real time, announced a $10 million Series A funding round led by Canaan Partners alongside Broadhaven Ventures, Citi Ventures, Next Coast Ventures, Flyover Capital, Firebrand Ventures, and strategic angel investors. Founded by
Enterprise lease accounting software vendor LeaseAccelerator received a $30 million Series B investment from Insight Venture Partners, a New York-based venture capital and private equity firm. In conjunction with the financing, Peter Sobiloff, Insight Venture Partners’ managing director, will join the board, and senior associate
Ceterus, a software-as-a-service company closed $10 million in venture capital for their Series B funding round led by Harbert Growth Partners, TechOperators, GroTech Ventures, Idea Fund Partners, and Alerion Ventures. Ceterus’ Edge Automation system automates entries into QuickBooks Online and aggregates financial data to provide peer
Canopy, a leading cloud-based practice management platform for tax and accounting professionals, announced a round of $30 million. The funding was led by New Enterprise Associates (NEA), with participation from Wells Fargo Strategic Capital, Pelion Ventures, University Growth Fund, and EPIC Ventures. Canopy, founded in 2014,
Small business bookkeeping service Bench today announced it has raised $18 million in Series B-1 funding, led by iNovia Capital, with participation from existing investors Bain Capital Ventures, Altos Ventures, and Silicon Valley Bank. Bench has developed a proprietary automation platform that aims to reduce
Enterprise platform Libra completed $7.8 million in Series A financing. Four investors contributed to the round, including Liberty City Ventures, Boost VC, and XBTO. Founded in 2014, Libra’s solutions automate and optimize accounting, audit, and tax processes such as reporting, reconciliation, controls, and compliance. Its
Financial technology startup ScaleFactor announced the completion of $2.5 million in seed financing. Six investors contributed to the round: Next Coast Ventures, Techstars Ventures, Firebrand Ventures, Matchstick Ventures, Flyover Capital, and Edison Factory. [bg_collapse view="link" color="#4a4949" icon="arrow" expand_text="Continue reading" collapse_text="Show less” ] ScaleFactor developed a smart finance
AMTdirect, a lease administration and accounting software company, closed a new round of financing from Luminate Capital Partners. AMTdirect's cloud-based solutions aim to help organizations build a timely, accurate, and actionable picture of their complete lease portfolio. The integrated solution is designed to reduce costs, optimize