How Much Did Finally Raise?
Funding & Key Investors

Finally, a prominent player in the automated bookkeeping and financial management sector, has successfully secured a major strategic investment to bolster its market position. With a cumulative capital infusion reaching $306.8M, the company continues to demonstrate robust growth trajectories within the competitive B2B SaaS landscape. The most recent financing round, totaling $200M, underscores investor confidence in the firm's ability to streamline complex accounting workflows for modern enterprises.

This latest injection of capital serves as a pivotal milestone, enabling the organization to accelerate its product development roadmap and expand its footprint in the enterprise finance software market. By leveraging this backing, Finally is well-positioned to enhance its suite of accounting tools, ensuring that businesses can navigate financial operations with increased efficiency and reduced administrative overhead.

What is Finally?

Finally
Business ServicesAccounting for Legal Practices

Finally provides a comprehensive accounting and finance suite designed to simplify bookkeeping for growing businesses. By automating critical financial processes, the platform allows organizations to manage their fiscal health with greater precision and less manual intervention. Positioned at the intersection of fintech and enterprise software, Finally addresses the core pain points of scalability, offering a stress-free environment for companies to manage their cash flow, reporting, and compliance requirements. The company's market position is reinforced by its focus on delivering high-utility, user-centric solutions that cater to the evolving needs of modern, data-driven enterprises.

How much funding has Finally raised?

Finally has raised a total of $306.8M across 4 funding rounds:

2019

Angel/Seed

$1.8M

2022

Series A

$95M

2024

Other Financing Round

$10M

Series B

$200M

Angel/Seed (2019): $1.8M, investors not publicly disclosed

Series A (2022): $95M led by Active Capital, GTMfund, and PeakSpan Capital

Other Financing Round (2024): $10M supported by PeakSpan Capital and Active 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 based in New York City and Silicon Valley, specializing in partnering with growth-stage software companies. With over $2.5 billion in assets under management, they focus on delivering operational support and strategic guidance to help entrepreneurs scale their businesses effectively.

Encina Capital Partners

Encina Capital Partners specializes in providing lending and leasing solutions to middle-market companies in the U.S. and Canada, having made over $3 billion in commitments to more than 150 customers across various industries since 2014.

GTMfund

GTMfund is an early-stage VC fund focused on investing in the most exciting, up-and-coming B2B SaaS companies across the world, leveraging a unique network of over 350 C-level sales and marketing leaders.

What's next for Finally?

Looking ahead, the strategic deployment of the $200M capital will likely focus on scaling operations and deepening the platform's integration capabilities. As the company transitions through its current growth phase, the emphasis will remain on capturing a larger share of the B2B SaaS market by providing superior automation tools. With the support of seasoned growth equity partners and specialized lenders, Finally is poised to refine its enterprise-grade offerings, potentially expanding into new vertical markets or enhancing its existing suite to include more advanced predictive financial analytics. The firm's trajectory suggests a continued commitment to innovation, aiming to set new standards for how businesses handle their back-office financial infrastructure.

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Frequently Asked Questions Regarding Finally Financial Insights

What are the most recent funding rounds that Finally has completed, and what were the funding rounds?
Finally has recently completed 3 funding rounds: Series B on Sep 9, 2024, Other Financing Round on Feb 6, 2024, Series A on Mar 21, 2022.
What is the total amount of funding Finally has raised to date?
Finally has raised a total of $306.8M in funding to date.
How many funding rounds has Finally completed?
Finally has completed 3 funding rounds.
How much funding did Finally raise in its most recent funding round?
Finally raised $200M in its most recent funding round.
Who are the lead investors in Finally's latest funding round?
The lead investor in Finally's latest funding round was PeakSpan Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Finally's history?
The largest funding round in Finally's history was $200M.
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