# CloudBusiness

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cloudbusiness

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.synderapp.com
- Total disclosed funding: $2M
- Latest round: Seed (Jun 15, 2021)
- Investors on record: 1

## About

Founded in 2016 and based in California, US, CloudBusiness Inc., doing business as Synder, develops and supports financial and accounting software for small and mid-size businesses, accountants, and individuals. The company was founded by the company's CEO, Michael Astreiko. In June 2021, CloudBusiness Inc. received its first funding from TMT investments.

The company's product is accounting and financial software that supports the business accounting processes of small and mid-size businesses, accountants, and individuals. The company's product includes Business Importer and Business Payments, an application that imports spreadsheets, invoices, and sales receipts without entering data manually into QuickBooks Online. It also develops Donor Receipts, a solution that generates and converts all invoices and journal entries into donor receipts that are fully compliant with the tax regulations. The company also handles online transactions & payments, sync business payment systems with its software, and instant overview of a business's online sales.

The company's revenue is generated by the subscription and transaction fee from its accounting solution ranging from Small-USD 19.99 per month, Medium-USD 39.99 per month, and Large-USD 199.99 per month.

## Funding rounds

- Seed, Jun 15, 2021, $2M — TMT Investments

## Investors

- TMT Investments (https://capitalatlas.ai/funds/tmt-investments) — Seed