Balance Financial
Latest round
- Series A
Last raised
- Sep 2011
Total raised
- $2.7M
Investors
- 3
About Balance Financial
Balance Financial specializes in providing innovative financial technology solutions. The company was acquired by TaxAct in October 2013 for an undisclosed amount. It is headquartered in Bellevue, US.The company's main offerings include a suite of technology-driven solutions designed to meet the demands of modern businesses. These products are engineered to streamline operations, enhance communication, and drive efficiency across various sectors. Key functionalities of these solutions encompass data management, cloud-based services, and user-friendly interfaces that facilitate seamless integration into existing systems. The target clientele includes small to medium-sized enterprises (SMEs) across North America and Europe, with particular emphasis on technology, retail, and service industries.The company's revenue model is primarily structured around subscription services and one-time licensing fees, tailored to meet the varying needs of clients. Clients engage with the company through a direct-to-consumer channel, opting for monthly or annual subscription plans that grant them access to the full suite of software solutions. Additionally, partnerships with resellers and industry affiliates broaden the customer base, enabling the company to reach a wider audience. Revenue generation is further supported by flagship products that have become synonymous with the brand, ensuring a steady income stream from both new and existing users.Following its acquisition by TaxAct, Balance Financial plans to leverage its innovative financial technology solutions to expand its product offerings and enhance market presence. The company aims to launch new products designed for emerging markets within the next year. Specific focus will be placed on penetrating additional regions in North America and Europe.
Who invested in Balance Financial
3 investors across 2 rounds
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Questions about Balance Financial
Who invested in Balance Financial?
Balance Financial has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Balance Financial raised?
Balance Financial has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Balance Financial last raise money?
Balance Financial's most recent round on record is a Series A, in Sep 2011.
What does Balance Financial do?
Balance Financial specializes in providing innovative financial technology solutions.
Where is Balance Financial headquartered?
Balance Financial is headquartered in Bellevue, US.
Which VCs invest in companies like Balance Financial?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Balance Financial's stage. Their profiles are linked below.
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