# Bookkeep.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bookkeep-com

- Industry: Software
- Headquarters: Brooklyn, US
- Website: www.bookkeep.com
- Total disclosed funding: $9.8M
- Latest round: Seed (Oct 20, 2022)
- Investors on record: 6

## About

Founded in 2018 and based in New York, US, Bookkeep.com Inc. operates as a developer of AI-powered bookkeeping solutions that automate accounting services for retail, restaurant, and e-commerce businesses. Jason Richelson (CEO) and Ron Reeser (CTO) are the co-founders of the company. In October 2022, Bookkeep.com Inc. raised USD 6.6 million in seed funding from Fin Venture Capital, including TTV Capital, Argonautic Ventures, Lerer Hippeau, and Haymaker Ventures, valuing the company at USD 30.19 million post-money.

The company provides accounting automation software that focuses on automating the summarization of sales into daily journal entries and seamlessly integrating sales platforms with accounting systems. The firm's automation software streamlines complex tasks and keeps users informed throughout the accounting process to make better-informed decisions by providing daily accrual-based summaries and accurate balance reconciliation. Bookkeep.com’s core features include daily summary emails with sales reconciliation, unlimited user access, and the ability to repost financial data to accounting platforms. The platform integrates with PayPal, Square, Shopify, Amazon Seller, Squarespace, Stripe, and more, allowing seamless handling of revenue data from various sources. The company also partners with DAVO by Avalara to empower sales tax automation.

The business generates revenue through its pricing plans, which include merchant, accountant, and sales tax pricing ranging from USD 29 to USD 320.

The organization plans to use the October 2022 funding to expand its growth and support its product development.

## Funding rounds

- Seed, Oct 20, 2022, $6.6M — TTV Capital, Lerer Hippeau Ventures, Argonautic Ventures, Fin Capital, Haymaker Ventures
- Seed, Feb 24, 2021, $3.1M — TTV Capital, Correlation Ventures, Lerer Hippeau Ventures, Argonautic Ventures

## Investors

- TTV Capital (https://capitalatlas.ai/funds/ttv-capital) — Seed
- Correlation Ventures (https://capitalatlas.ai/funds/correlation-ventures) — Seed
- Lerer Hippeau Ventures — Seed
- Argonautic Ventures (https://capitalatlas.ai/funds/argonautic-ventures) — Seed
- Fin Capital (https://capitalatlas.ai/funds/fin-capital) — Seed
- Haymaker Ventures (https://capitalatlas.ai/funds/haymaker-ventures) — Seed
