Finally, a Miami, Florida-based fintech startup whose mission is to help small businesses automate their accounting and finance functions, announced a $95 million Series A, including both equity and debt.
The round was led by PeakSpan Capital, with participation from Active Capital, 500 FinTech, and GTMfund. Clear Haven Capital provided the debt facility. Other notable investors include David Bohnett (founder, GeoCities), Scott Weller (founder, SessionM).
The company will deploy the funds to grow the team and launch a corporate charge card for small businesses.
Company: Finally, Backoffice.co, Inc
Raised: $95.0M
Round: Series A
Funding Month: March 2022
Lead Investors: PeakSpan Capital
Additional Investors: Active Capital, 500 FinTech, and GTMfund. Clear Haven Capital, David Bohnett, and Scott Weller
Company Website: https://finally.com/
Software Category: Finance Automation platform
About the Company: Founded in January 2018 as Back Office and was part of 500 Startups, Finally is a fast-growing fintech company whose mission is to help small & medium-sized businesses automate their accounting and finance. Finally initially started by helping small businesses automate their accounting & finance. Finally currently serves over 1,000 businesses throughout the US. Finally’s mission is to help companies remove the stress by automating their entire Finally and making bookkeeping easier and more efficient.
Source: https://www.prnewswire.com/news-releases/finally-the-smb-back-office-automation-platform-raises-95-million-301506032.html