Autobooks

Detroit, United States Founded: 2015 • Age: 11 yrs
White-label accounting solutions for banks are provided.
Annual revenue - Latest available
Total funding $130.5M 5 rounds
Employees 115 Tracked headcount
Investors 11 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About Autobooks

Autobooks is a company based in Detroit (United States) founded in 2015 by J Aaron Schmid and Steven Robert. Autobooks has raised $130.5 million across 5 funding rounds from investors including Macquarie Group, TD Bank and Runway Growth Capital. The company has 115 employees as of December 31, 2022. Autobooks has completed 1 acquisition, including Allied Payment. Autobooks offers products and services including Online Invoicing, Payment Link, QR Code Payments, Checkout Pages, and Tap to Pay on iPhone. Autobooks operates in a competitive market with competitors including Intuit, Visma, Xero, Wave and FreshBooks, among others.

  • Headquarter Detroit, United States
  • Employees 115 as on 31 Dec, 2022
  • Founders J Aaron Schmid, Steven Robert
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Legal Name Bluepay Processing, Llc Dba Billhighway
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $130.5 M (USD)

    in 5 rounds

  • Latest Funding Round
    $40 M (USD), Series C

    May 05, 2025

  • Investors
  • Employee Count
    115

    as on Dec 31, 2022

  • Investments & Acquisitions
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Products & Services of Autobooks

Autobooks offers a comprehensive portfolio of products and services, including Online Invoicing, Payment Link, QR Code Payments, Checkout Pages, and Tap to Pay on iPhone.

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Primary

Enables creation and sending of professional invoices to customers.

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Facilitates secure payment acceptance via digital links.

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Allows quick in-person payments using QR codes.

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Creates simple pages for online sales and transactions.

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Enables contactless payments directly on iPhone devices.

People of Autobooks

Headcount 50-200
Employee Profiles 23
Employee Profiles
People
Steve Robert
Co-founder & CEO
People
Jayce Heran
Cloud Architect
People
Chris Spiek
Chief Product Officer
People
Megan Ahee
Chief of Staff

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Funding Insights of Autobooks

Autobooks has successfully raised a total of $130.5M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in May 2025. 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.

Investors in Autobooks

Autobooks has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Macquarie Group, TD Bank and Runway Growth Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Global private equity and venture capital investments in B2B Tech & Services companies.
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Investment in retail and financial services technologies.
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US focused early stage VC investments company
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Investor details for Autobooks

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Investments & Acquisitions by Autobooks

Autobooks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Allied Payment.

Investments
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Investment portfolio details for Autobooks

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Payment processing solutions are offered to banks and credit unions.
Locked Locked 2010 Locked
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Complete acquisition details for Autobooks

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Financial Statements - Autobooks

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Detailed financials for Autobooks

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Autobooks Comparisons

Autobooks Primary company
Description
White-label accounting solutions for banks are provided.
Location
Detroit, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
115
As of 2022
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Peer comparison for Autobooks

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Competitors of Autobooks

Autobooks 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 Intuit, Visma, Xero, Wave and FreshBooks, among others.

Company Name Domain Founded year HQ Location Description
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Financial and accounting software is developed for businesses and individuals.
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Cloud-based ERP software is provided for business management across segments.
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Cloud-based accounting and payment management is offered for small businesses.
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Web-based accounting software is offered for business use.
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Cloud-based invoicing and accounting software is offered for businesses.
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Technology-enabled accounting and finance solutions are offered for SMBs.
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Detailed competitors of Autobooks

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Latest news on Autobooks

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Complete news archive for Autobooks

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Frequently Asked Questions about Autobooks

Autobooks was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Autobooks is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.

Steven Robert is the current CEO of Autobooks. They have also founded this company.

Autobooks is a funded company, having raised a total of $130.5M across 5 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Autobooks is 115.

A white-label accounting solution for banks is offered by Autobooks, founded in 2015 in Detroit, United States. Operations focus on the fintech sector, with services including cash-flow management, payment processing via ACH, checks, credit cards, or other methods, financial reporting, and online banking integration. Real-time cash flow monitoring and general ledger tools are incorporated, allowing banks to obtain insights into customer businesses for cross-selling financial products.

Autobooks's top competitors include Intuit, Visma and Clear.

Autobooks offers Online Invoicing, Payment Link, QR Code Payments, Checkout Pages, and Tap to Pay on iPhone.

Autobooks has made 1 acquisition, including Allied Payment.

Autobooks has 11 investors. Key investors include Macquarie Group, TD Bank, Runway Growth Capital, Draper Triangle, and Baird Capital.

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