DebtBook

DebtBook is a financial technology startup founded in 2019 in the United States, offering modern treasury and accounting software tailored for state and local government, higher education, healthcare, and other sectors. The company's slogan, "Modern treasury & accounting software designed to help state & local government, higher education, healthcare, and more," underscores its target market and value proposition. DebtBook's solutions aim to alleviate operational overload and foster strategic leadership within organizations. Its Debt and Cash Management products enable strategic treasury and enhance financial outcomes through the automation of operational tasks, allowing teams to conduct more in-depth data analysis and extract valuable insights. Additionally, the Lease and Subscription Management offerings streamline accounting workflows, granting teams additional time by automating GASB 87 and 96 compliance tasks. The company recently secured a significant $12.50M Series A investment on 26 July 2023. The investment was led by Elephant Venture Capital, Creative Co Capital, and Meeting Street Capital, indicating strong support and confidence from prominent venture capital firms. DebtBook's focus on addressing critical financial and accounting needs in specialized sectors positions it favorably as a promising player in the financial services and fintech industries.