# Tally Street

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tally-street

- Industry: Software
- Headquarters: Boston, US
- Website: www.tallystreet.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Sep 9, 2020)
- Investors on record: 1

## About

Tally Street, Inc. is an analytics platform dedicated to enhancing accounting and finance operations. It specializes in transforming accounting data into valuable insights, enabling firms to optimize their financial strategies effectively.Founded in 2019, Tally Street, Inc. is headquartered in Boston, US. The company provides analytics solutions tailored for accounting firms. Tally Street's CEO, Brian Suthoff, has a background in financial technologies. In September 2020, Tally Street raised USD 0.75 mn in Seed funding led by Launchpad Venture Group. The total amount raised by the company is USD 0.75 mn, stemming from a single deal.Tally Street offers a robust analytics platform designed specifically for modern accounting and finance firms. Its core product transforms accounting data from applications like QuickBooks, Xero, and Sage Intacct into actionable client intelligence, enabling firms to identify opportunities for efficiency improvements and pricing optimization. The platform provides automated reporting and insights on customer lifetime value, sales trends, concentration risk, and collections performance, which are essential for helping small business clients make informed decisions. Tally Street primarily targets North American accounting and bookkeeping firms, serving a diverse client base including small to medium-sized businesses across various industries seeking to enhance their financial operations and customer understanding.Tally Street operates on a subscription-based revenue model, providing its services primarily through partnerships with accounting firms that serve small business clients. In this structure, firms utilize Tally Street's analytics platform to access insights that drive their clients' growth and operational decisions, with reports generated automatically and delivered seamlessly via email or synced to popular data tools like Google Sheets and Excel 365. The company's flagship service revolves around delivering client intelligence that enables firms to provide enhanced decision support, fostering long-term relationships and value creation for both the firm and its clients. Specific pricing plans are structured to accommodate the varying needs of partners, ensuring that Tally Street remains a competitive solution within the accounting technology landscape.With the capital raised in September 2020, Tally Street plans to enhance its analytics platform and expand its reach to more North American markets. There are ongoing efforts to develop new product features that will be launched in the coming year, aimed at providing even deeper insights for accounting firms. The funding will also support initiatives to strengthen partnerships with additional accounting firms, thereby increasing their service offerings and client base.

## Funding rounds

- Seed, Sep 9, 2020, $0.8M — Launchpad Venture Group

## Investors

- Launchpad Venture Group (https://capitalatlas.ai/funds/launchpad-venture-group) — Seed
