# Finaloop

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

- Industry: Semiconductors
- Headquarters: Brooklyn, US
- Website: www.finaloop.com
- Total disclosed funding: $35M
- Latest round: Series A (Jun 17, 2024)
- Investors on record: 5

## About

Founded in 2019 by Eliran Azulai, Lioran Pinchevski, Omri Haim, and Yaron Revah, and based in New York, US, Finaloop, Ltd. operates as the developer of bookkeeping and tax filing software that helps companies manage their bookkeeping, day-to-day finances, and tax filing. In June 2024, Finaloop, Ltd. raised USD 35 million in Series A funding led by investor Lightspeed Venture Partners, with participation from Vesey Ventures and Commerce Ventures. 

The firm offers a platform that integrates with various business apps, automates bookkeeping tasks, and offers features like financial statements, tax returns, real-time financial data, and inventory management. The platform offers features such as B2B invoicing, ad spend reconciliation, and advanced accrual tools, aiming to improve financial management for e-commerce brands. 

The company intends to use the June 2024 funding to expand its market reach and improve research and development efforts.

## Funding rounds

- Series A, Jun 17, 2024, $35M — Accel, Lightspeed Venture Partners, Commerce Ventures, Aleph, Vesey Ventures

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- Commerce Ventures (https://capitalatlas.ai/funds/commerce-ventures) — Series A
- Aleph (https://capitalatlas.ai/funds/aleph) — Series A
- Vesey Ventures (https://capitalatlas.ai/funds/vesey-ventures) — Series A