Every.io, a San Francisco, CA-based provider of a back office stack for startups, raised $9.5M in Seed funding.
The round was led by Base10, with participation from Y Combinator, Formus Capital and Rex Salisbury’s Cambrian Ventures.
The company intends to use the funds to expand operations and its business reach.
Founded by serial entrepreneur Rajeev Behera, who previously raised $100M for his last venture, Reflektive, in the HR B2B SaaS space, scaling it to 250 employees, Every is a first all-in-one finance and HR suite that combines banking, cards, bill payments, corporate treasury, bookkeeping, tax, HR, payroll, and benefits in one platform.
Following their launch in YC’s S23 batch, Every hit $1M ARR in 6 months and grew to 75 customers.
FinSMEs
29/11/2023