# Firm58

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/firm58

- Industry: Software
- Headquarters: Chicago, US
- Website: www.firm58.com
- Total disclosed funding: $19M
- Latest round: Series C (May 26, 2010)
- Investors on record: 2

## About

Firm58, Inc. is a technology company specializing in innovative software solutions designed to streamline financial operations and enhance client interactions for businesses.Founded in 2005, Firm58, Inc. is headquartered in Chicago, US, focusing on providing advanced financial technology services. The company has completed a total of 3 deals, with its most recent deal occurring on May 26, 2010. Firm58 secured USD 7.11 mn in SERIES C funding from investors including North Bridge Venture Partners and Pritzker Group Venture Capital, bringing the total amount raised to USD 7.11 mn and the current company valuation to USD 18.00 mn.Firm58, Inc. offers a suite of software solutions aimed at optimizing operational efficiency and improving customer engagement in financial services. Their offerings include tools that facilitate automated processing of financial transactions and enhance analytics capabilities, catering to various sectors such as finance and consulting, which are vital for improving business operations.Firm58 generates revenue through a subscription-based model, allowing clients to access its software solutions for a fixed fee. This model supports scalability for clients in different sectors, enabling them to utilize Firm58's technology without incurring costs for individual products. The company’s strategic pricing plans are designed to meet diverse organizational requirements, aligning with market trends and customer needs.Following the recent financing deal in June 2010, Firm58 intends to leverage the USD 7 mn raised to enhance its software offerings and expand into new markets. The company is developing additional products aimed at improving financial automation. Plans for geographic expansion include targeting North American and European regions by the end of 2012, thereby broadening its market reach and further solidifying its position in the financial technology industry.

## Funding rounds

- Series C, May 26, 2010, $7.1M — North Bridge Venture Partners, Pritzker Group Venture Capital
- Series B, Jun 13, 2008, $8.5M — North Bridge Venture Partners, Pritzker Group Venture Capital
- Series A, Feb 16, 2007, $3.7M — Pritzker Group Venture Capital

## Investors

- Pritzker Group Venture Capital (https://capitalatlas.ai/funds/pritzker-group-venture-capital) — Series A, Series B, Series C
- North Bridge Venture Partners (https://capitalatlas.ai/funds/north-bridge-venture-partners) — Series B, Series C