ScaleXP
Latest round
- Seed
Last raised
- Mar 2021
Total raised
- $0.5M
Investors
- 5
About ScaleXP
ScaleXP Ltd. automates revenue recognition, billing, and subscription management for finance teams, enhancing accuracy and efficiency within organizations.ScaleXP Ltd. is a technology company founded in 2019 in London, UK, providing automated financial solutions for finance teams. The company has not made significant pivots in its operational strategy and does not have any known subsidiaries. The CEO, Suezann Holmes, has a background in leading tech initiatives and has been pivotal to ScaleXP's growth.ScaleXP specializes in automating revenue recognition, billing, and subscription management for finance teams, primarily targeting users of accounting systems like Xero and QuickBooks. Its key offerings include functionalities for automating deferred and accrued revenue from invoice data, allowing for improved accuracy and reduced month-end closing times. The platform integrates with CRM systems to streamline invoice creation and contract renewals.ScaleXP generates revenue through subscription-based pricing models for its software solutions, offering various service tiers to meet client needs. Customers engage via annual or monthly agreements, accessing features like automated revenue recognition and advanced analytics for SaaS metrics. This structure promotes operational efficiency and streamlined financial reporting, allowing firms to benefit from automated calculations and data integration. The company is designing new product features aimed at enhancing its service offerings and plans to expand into new geographic markets, specifically targeting North America and Europe by 2023.
Who invested in ScaleXP
5 investors across 1 round
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Funding rounds
Seed
Mar 12, 2021
Amount
$0.5M
Investors
Questions about ScaleXP
Who invested in ScaleXP?
ScaleXP has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ScaleXP raised?
ScaleXP has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did ScaleXP last raise money?
ScaleXP's most recent round on record is a Seed, in Mar 2021.
What does ScaleXP do?
ScaleXP is a software company.
Where is ScaleXP headquartered?
ScaleXP is headquartered in London, UK.
Which VCs invest in companies like ScaleXP?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at ScaleXP's stage. Their profiles are linked below.
VCs backing software startups at Seed
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