# Xendoo

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

- Industry: Software
- Headquarters: Fort Lauderdale, US
- Website: www.xendoo.com
- Total disclosed funding: $3.5M
- Latest round: Seed (Dec 17, 2019)
- Investors on record: 4

## About

Xendoo, Inc. provides specialized online accounting services, focusing on bookkeeping, tax preparation, and financial catch-up solutions for small businesses and eCommerce companies.Founded in 2016 and headquartered in Fort Lauderdale, US, Xendoo, Inc. specializes in accounting services for small businesses. The company has successfully raised USD 2.55 mn in Seed funding from Hatter Angels Network, with a total amount raised of USD 2.55 mn. CEO Lil Roberts co-founded the company to address the financial management needs of small enterprises. The most recent funding round occurred on May 24, 2022.Xendoo specializes in providing online accounting services, primarily focusing on bookkeeping, tax preparation, and financial catch-up services. Their core offerings are designed to address the complexities of financial management for small businesses, eCommerce enterprises, franchises, and professional services across various industries. The company employs a dedicated team of certified public accountants (CPAs) and bookkeepers who utilize advanced technology to ensure accurate financial records and timely reporting. Xendoo’s services cater to a diverse clientele, including startups and established businesses operating in markets such as the United States, where they support clients in managing their finances efficiently. By delivering personalized monthly reports, including profit and loss statements and balance sheets, Xendoo helps clients make informed decisions based on their financial health.Xendoo generates revenue through a subscription-based model, where clients pay for ongoing bookkeeping and accounting services. This structure allows customers to access tailored financial management solutions at a predictable cost. The company’s clients typically engage with Xendoo on a recurring basis for bookkeeping and tax services, fostering long-term relationships that provide continuous support. Pricing plans are structured to accommodate various business sizes and needs, ensuring that both small businesses and larger franchises can benefit from Xendoo’s expertise. Additionally, the company may offer value-added services such as financial consulting and CFO services, further enhancing their revenue potential from established client partnerships.Following the most recent funding round in May 2022, Xendoo plans to utilize the raised USD 2.55 mn to enhance its service offerings and potentially expand into new markets. The company is focusing on developing new products aimed at improving financial management solutions for its clientele. Details on specific new product launches or geographic regions targeted for expansion have not been disclosed.

## Funding rounds

- Seed, Dec 17, 2019, $3.5M — Revolution Ventures, DeepWork Capital, Malachi, LAUNCH Syndicate

## Investors

- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Seed
- DeepWork Capital (https://capitalatlas.ai/funds/deepwork-capital) — Seed
- Malachi — Seed
- LAUNCH Syndicate — Seed