ScaleFactor

ScaleFactor is a finance and financial services startup that has been revolutionizing the industry since its establishment in 2014. Based in Austin, Texas, the company aims to facilitate business growth by offering intelligent software designed to automate accounting tasks and provide actionable financial insights. Its range of accounting and finance software features automated bookkeeping, proactive alerts, and other innovative functionalities, eliminating manual efforts and enhancing operational efficiency for modern businesses. ScaleFactor's technology transforms intricate accounting tasks into invaluable business insights, allowing business owners, managers, and entrepreneurs to focus on managing and expanding their enterprises. In August 2019, ScaleFactor received a significant $60.00M Series C investment from a group of notable investors including Bessemer Venture Partners, Next Play Capital, Canaan Partners, Coatue, Firebrand Ventures, Broadhaven Ventures, Stripes, and Vulcan. This substantial investment is a testament to the confidence of these renowned venture capital firms in the potential and capabilities of ScaleFactor's innovative solutions. As the company continues to expand its influence in the fintech and SaaS industries, its strategic partnerships and ongoing developments are positioning it as a significant player in reshaping the future of financial technology.