ScaleFactor
Financial Software · Ohio, United States · 51-200 Employees
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Overview
Headquarters
151 W 4th St Unit 62, Cincinnati, Ohio, ...Phone Number
(877) 892-0954Website
www.scalefactor.comRevenue
$9.3 MillionIndustry
ZI Rank: 1
Signal Type
Dec
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ZI Rank
3
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About ScaleFactor
ScaleFactor is on a mission to help small businesses scale faster. By automating complex accounting tasks and translating financial information into usable business insights, ScaleFactor is enabling business owners, managers, and entrepreneurs to focus on what they love - running and growing their business. Find out more about how ScaleFactor is solving the problems that businesses face every day at scalefactor.com.Explore more
ScaleFactor Org Chart
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Activity Insights
ScaleFactor is experiencing very low activity levels compared to other companies in the Software sector.
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ScaleFactor financials insights
Gather financial insights about ScaleFactor, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2017
Other Financing Round
$100K
Angel/Seed
$2.5M
2018
Series A
$10M
2019
Series C
$60M
ScaleFactor Tech Stack
Most Recent Scoops
Facilities Relocation / Expansion
ScaleFactor is planning to move its offices in September 2022. The move will impact approximately 12 employees at their existing office located at 1801 California St., 2400, Denver, CO.
Layoffs
Pain Point
Pain Point, Layoffs
Funding
, an intelligent finance and automated accounting platform, recently secured $60m in Series C funding.
Funding
Award
ScaleFactor has been recognized as one of the Best Places to Work in 2019 by Inc.
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Event
Events
ScaleFactor News & Media
Real Estate Accounting Software Market Next Big Thing : Major Giants: Multiview, ScaleFactor, Oracle, FinancialForce
Edison, NJ -- (SBWIRE) -- 10/14/2020 -- Real Estate Accounting Software Comprehensive Study by Deployment Mode (On-Premise, Cloud Based), Enterprise Size (Small and Medium Enterprises (SMEs), Large Enterprises), Device Type (PC, Mobile, Others) Players and Region - Global Market Outlook to 2024 Read the full press release at http://www.sbwire.com/press-releases/real-estate-accounting-software-market-next-big-thing-major-giants-multiview-scalefactor-oracle-financialforce-1309879.htmScaleFactor Raises $100 Million Then Abruptly Shuts Down
Accounting automation software company ScaleFactor raises $100 million then abruptly shuts down. CEO Kurt Rathmann said it was due to COVID-19, but a Forbes article says otherwise.Payroll and Bookkeeping Software Firm ScaleFactor Shuts Down due to Declining Revenue Following COVID-19 Outbreak
Business software provider ScaleFactor is reportedly shutting down, after securing $100 million in capital during the past year from major investors including Bessemer Venture Partners and Coatue Management. In March 2020, the financial services company began experiencing challenges due to the global COVID-19 outbreak, which... Read More The post Payroll and Bookkeeping Software Firm ScaleFactor Shuts Down due to Declining Revenue Following COVID-19 Outbreak appeared first on Crowdfund Insider.ScaleFactor Announces Suspension of Operations
AUSTIN, Texas--(BUSINESS WIRE)-- #ATX--ScaleFactor, the accounting and finance platform for small business, today announced it is suspending a majority of its operations. Due to headwinds created by the current economic climate, ScaleFactor is laying off half of its workforce today and retaining a portion of its team to help its current customers transition to new service providers. ScaleFactor raised a total of $100 million, including a $60 million Series C round led by Coatue. Other
Read more news
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Frequently Asked Questions Regarding ScaleFactor
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ScaleFactor is on a mission to help small businesses scale faster. By automating complex accounting tasks and translating financial information into usable business insights, ScaleFactor is enabling business owners, managers, and entrepreneurs to focus on what they love - running and growing their business. Find out more about how ScaleFactor is so... Read More
