# Indie Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/indie-technologies

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.found.com
- Total disclosed funding: $73M
- Latest round: Series B (Jan 13, 2022)
- Investors on record: 4

## About

Indie Technologies, Inc. is a US-based financial technology firm that provides a comprehensive platform for small business owners, freelancers, and self-employed individuals to manage their finances more effectively.Founded in 2019 and headquartered in San Francisco, US, Indie Technologies, Inc. focuses on delivering integrated financial solutions tailored for entrepreneurs and freelancers. The company has completed 4 deals to date, with the latest funding round being Series B, where they raised USD 59.75 mn on January 13, 2022, led by Founders Fund with participation from Lightspeed Venture Partners and Sequoia Capital. The company was co-founded by Christopher Parker, Connor Dunn, Lauren Myrick, Mampi Roy, and Stacey Yezek, with Christopher Parker serving as the CEO.Indie Technologies, Inc., through its platform Found, offers financial solutions including online business checking, automated bookkeeping, and tax tools tailored for small business owners and freelancers. Users can enjoy integrated services that facilitate real-time expense tracking, payment integrations with platforms like Venmo and PayPal, as well as contractor management features.Indie Technologies, Inc. generates revenue primarily through transaction fees and subscription models for its enhanced financial services. The platform allows for unlimited ACH transfers and invoicing capabilities, with users benefiting from the proprietary Found Mastercard® business debit card to facilitate transactions and manage finances seamlessly.Following the Series B funding of USD 59.75 mn in January 2022, Indie Technologies plans to utilize this capital to enhance its operational capabilities. The company aims to expand its market reach to serve a greater number of freelancers and small business owners, though specific geographic regions for future growth have not been disclosed. Upcoming product enhancements are also in development to improve user experience and financial management efficiency.

## Funding rounds

- Series B, Jan 13, 2022, $60M — Lightspeed Venture Partners, Hong Shan, Founders Fund
- Series A, May 20, 2021, $13M — Hong Shan, Spark Capital

## Investors

- Hong Shan — Series A, Series B
- Spark Capital — Series A
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series B
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series B