finally, a Miami, FL-based AI-powered, all-in-one finance and HR suite, raised $50M in Series B funding and $150M in Credit Facility.
The Series B was led by PeakSpan Capital while the credit facility was provided by Encina.
The company intends to use the funds to expand operations and its development efforts continuing the research and development of its product stack, and grow its go-to-market initiatives.
Led by CEO Felix Rodriguez, finally helps small businesses automate their accounting and finance equipping owners with an all-in-one suite of tools for managing bookkeeping, payroll, billpay, expense management, and more. Over the past year, the company has:
- shown 300% revenue growth annually.
- increased headcount by 300%.
- released four new products, including Corporate Charge Cards, Expense Management, Business Checking Accounts, and Payroll.
finally currently serves over 1,500 businesses throughout the US.
The new capital followed the company’s $95M Series A in 2022 and additional $10M capital injection in February of this year, bringing total funds to date to $305M.
FinSMEs
10/09/2024