What is Consero?
Founded in 2006 by Scott Tynes, Bill Klei, and Kiran Jagannath, Consero operates at the intersection of fintech and business process outsourcing. Headquartered in Austin, Texas, with a global presence in Boston and Bangalore, the company provides a comprehensive cloud-based platform that replaces the need for fragmented, manual finance functions. By offering a unified, scalable solution, Consero enables small and mid-market organizations to achieve enterprise-grade financial reporting and efficiency. The company's value proposition centers on reducing the complexity of back-office operations, allowing leadership teams to focus on core growth initiatives rather than administrative accounting burdens.
How much funding has Consero raised?
Consero has raised a total of $55M across 2 funding rounds:
Private Equity
$5M
Unspecified
$50M
Private Equity (2015): $5M with participation from Kayne Partners
Unspecified (2018): $50M led by BV Investment Partners
Key Investors in Consero
BV Investment Partners
BV Investment Partners is a seasoned middle-market private equity firm specializing in tech-enabled business services and software, known for providing deep operational and analytical support to its portfolio companies.
Kayne Partners
Kayne Anderson Capital Advisors is an alternative investment management firm with a long-standing history of focusing on growth equity, energy, and infrastructure sectors.
What's next for Consero?
With the backing of major institutional partners, Consero is well-positioned to scale its service offerings and deepen its market penetration. The recent capital injection is expected to fuel further innovation in its cloud-based platform, potentially integrating advanced analytics and automated compliance features to stay ahead of evolving regulatory requirements. As the firm continues to expand its reach, the focus will likely remain on optimizing the client experience and maintaining its reputation as a premier alternative to traditional in-house finance departments. Future growth will likely be driven by both organic client acquisition and strategic enhancements to its service delivery model, ensuring long-term sustainability in the competitive business services landscape.
See full Consero company page
