What is Finally?
Finally offers a comprehensive accounting and finance suite designed to enable businesses to manage their financial operations seamlessly and grow without stress. By providing an integrated platform for bookkeeping, accounting, and broader financial management, Finally aims to streamline complex financial processes for its clients. The company's solution is positioned to support businesses through various stages of growth, ensuring financial clarity and operational efficiency.
How much funding has Finally raised?
Finally has raised a total of $306.8M across 4 funding rounds:
Angel/Seed
$1.8M
Series A
$95M
Other Financing Round
$10M
Series B
$200M
Angel/Seed (2019): $1.8M, investors not publicly disclosed
Series A (2022): $95M led by GTMfund, Active Capital, and PeakSpan Capital
Other Financing Round (2024): $10M supported by Active Capital and PeakSpan Capital
Series B (2024): $200M featuring PeakSpan Capital and Encina Capital Partners
Key Investors in Finally
PeakSpan Capital
PeakSpan Capital is a growth equity firm specializing in partnering with growth-stage software companies, providing operational support and strategic guidance to help entrepreneurs scale their businesses effectively.
GTMfund
GTMfund is an early-stage VC fund focused on investing in B2B SaaS companies, leveraging a network of sales, marketing, and customer success leaders for deal scouting and due diligence.
Active Capital
Active Capital is a venture firm that leads seed rounds for B2B SaaS companies outside of Silicon Valley, founded and run by experienced B2B SaaS entrepreneurs.
What's next for Finally?
The substantial enterprise-level funding, including the recent major strategic investment, positions Finally for accelerated growth and market penetration. This capital infusion is expected to fuel product development, enhance service offerings, and expand the company's operational footprint. With a clear focus on providing a stress-free financial management experience, Finally is poised to further solidify its market position and capture a larger share of the business accounting and finance software market. Future strategic initiatives will likely involve expanding its feature set and potentially exploring new market segments.
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