About Accountfy
Accountfy is a company based in Sao Paulo (Brazil) founded in 2017.. Accountfy has raised $7.63 million across 2 funding rounds from investors including Redpoint eventures and hdi.com.br. Accountfy offers products and services including Controllership, FP&A, Treasury, Workplace, and Insights & Intelligence. Accountfy operates in a competitive market with competitors including Incorta, insightsoftware, Fluence Technologies, Binocs and OneStream Software, among others.
- Headquarter Sao Paulo, Brazil
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.63 M (USD)
in 2 rounds
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Latest Funding Round
$6.5 M (USD), Series A
May 29, 2020
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Investors
Redpoint eventures
& 1 more
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Employee Count
Employee Count
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Products & Services of Accountfy
Accountfy offers a comprehensive portfolio of products and services, including Controllership, FP&A, Treasury, Workplace, and Insights & Intelligence. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Streamlines controllership processes for governance and reporting efficiency
Enables data-driven decisions through analysis and forecasting tools
Manages cash flow and optimizes financial operations for businesses
Consolidates financial data for streamlined team management and insights
Provides detailed analysis for high-value financial decision-making
Unlock access to complete
Funding Insights of Accountfy
Accountfy has successfully raised a total of $7.63M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in May 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $6.5M
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First Round
First Round
(31 Jan 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Series A - Accountfy | Valuation | Redpoint eventures , hdi.com.br |
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| Jan, 2019 | Amount | Seed - Accountfy | Valuation | Redpoint eventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Accountfy
Accountfy has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Redpoint eventures and hdi.com.br. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage tech-focused VC firm investing primarily in Latin America and the US
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Accountfy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Accountfy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Accountfy Comparisons
Competitors of Accountfy
Accountfy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Incorta, insightsoftware, Fluence Technologies, Binocs and OneStream Software, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based business intelligence platform is provided for real-time data analytics.
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| domain | founded_year | HQ Location |
Financial reporting and performance management solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based financial data analytics and management solutions are offered.
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| domain | founded_year | HQ Location |
Gen AI powered document analyzer and loan monitoring system
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| domain | founded_year | HQ Location |
Enterprise finance management solutions are provided by OneStream Software.
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| domain | founded_year | HQ Location |
Realtime benchmarks on e-commerce performance data are delivered via dashboard.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Accountfy
Frequently Asked Questions about Accountfy
When was Accountfy founded?
Accountfy was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Accountfy located?
Accountfy is headquartered in Sao Paulo, Brazil.
Is Accountfy a funded company?
Accountfy is a funded company, having raised a total of $7.63M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.13M, raised on Jan 31, 2019.
What does Accountfy do?
Accountfy was founded in 2017 in Sao Paulo, Brazil, within the accounting software sector. Cloud-based solutions are provided for businesses, encompassing financial analysis, budgeting, forecasting, cash flow management, and general accounting. Operations focus on streamlining financial processes through accessible online tools, supporting various business needs in financial oversight and reporting.
Who are the top competitors of Accountfy?
Accountfy's top competitors include Incorta, OneStream Software and Binocs.
What products or services does Accountfy offer?
Accountfy offers Controllership, FP&A, Treasury, Workplace, and Insights & Intelligence.
Who are Accountfy's investors?
Accountfy has 2 investors. Key investors include Redpoint eventures, and hdi.com.br.