Botkeeper Raises $42M In Series C Funding From Paychex Founder

Nov 04, 2021•almost 4 years ago

Amount Raised

$42 Million

Round Type

series c

BostonFinancial ServicesSoftware

Description

Bookkeeping automation provider Botkeeper announced today it has raised $42 million in Series C financing. The round was led by Grand Oaks Capital, an investment firm founded by Paychex founder and chairman Tom Golisano. Golisano will take a seat on Botkeepr's six-member board of directors.

Company Information

Company

Botkeeper

Location

Boston, Massachusetts, United States

About

Botkeeper is a leading automated bookkeeping solution that provides accounting firms and their clients a powerful combination of skilled accountants, machine learning, and artificial intelligence. The various packages provide full-suite bookkeeping & pre-accounting solutions, a consolidated platform consisting of tools to optimize firm processes, and the highest quality support, all designed to meet our clients' unique needs at any stage of growth. Accounting firms running on Botkeeper are able to grow their book of business, diversify their service offerings, increase capacity, and reduce stress during tax time—all while improving their overhead costs. The powerful and easy-to-use solution has helped firms across the United States to maximize their potential, better serve their clients, and do more of what they love. Learn more about Botkeeper here! Contact:Della Copp dcopp@botkeeper.com179 South St., Fl 2Boston, MA(800) 388-3323 x7108 SOURCE Botkeeper

Funding Insights

Based on industry data

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