Balance Financial

Bellevue, United States Founded: 2004 • Age: 22 yrs Acquired By TaxAct
Personal and business finance management platform
Annual revenue - Latest available
Total funding $3.5M 3 rounds
Employees 22 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Balance Financial

Balance Financial is a company based in Bellevue (United States) founded in 2004 was acquired by TaxAct in October 2013. Balance Financial has raised $3.51 million across 3 funding rounds from investors including TaxAct, Alliance of Angels and Camp One Ventures. The company has 22 employees as of December 31, 2016. Balance Financial operates in a competitive market with competitors including Botkeeper, CreditBook, Konsolidator, Outright and Orbia, among others.

  • Headquarter Bellevue, United States
  • Employees 22 as on 31 Dec, 2016
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
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
    $3.51 M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.5 M (USD), Unspecified

    Jul 16, 2012

  • Investors
    TaxAct

    & 2 more

  • Employee Count
    22

    as on Dec 31, 2016

  • Acquired by
    TaxAct

    (Oct 04, 2013)

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Funding Insights of Balance Financial

Balance Financial has successfully raised a total of $3.51M across 3 strategic funding rounds. The most recent funding activity was a Unspecified round of $1.5 million completed in July 2012. 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 Balance Financial

Balance Financial has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include TaxAct, Alliance of Angels and Camp One Ventures.

All
Venture Fund
Investor Description Founded Year Domain Location
-
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Early-stage consumer, financial, SaaS, and blockchain companies are invested in.
Locked Locked Locked
Tax filing software is offered for individuals and businesses.
Locked Locked Locked
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Investor details for Balance Financial

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Investments & Acquisitions by Balance Financial

Investments
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Investment portfolio details for Balance Financial

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Financial Statements - Balance Financial

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Detailed financials for Balance Financial

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Balance Financial Comparisons

Balance Financial Primary company
Description
Personal and business finance management platform
Location
Bellevue, United States
Founded Year
2004
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
22
As of 2016
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Peer comparison for Balance Financial

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Competitors of Balance Financial

Balance Financial 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 Botkeeper, CreditBook, Konsolidator, Outright and Orbia, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI-based bookkeeping software is provided for businesses and accounting firms.
Locked Locked Locked
App-based bookkeeping platform is provided for small enterprises.
Locked Locked Locked
Cloud-based financial consolidation and reporting software is offered for businesses.
Locked Locked Locked
Online bookkeeping solutions are delivered for small businesses and entrepreneurs.
Locked Locked Locked
Orbia is focused on advancing life through innovative solutions globally.
Locked Locked Locked
Accounting software for restaurants is developed in stealth mode.
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Detailed competitors of Balance Financial

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Latest news on Balance Financial

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Complete news archive for Balance Financial

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Frequently Asked Questions about Balance Financial

Balance Financial was founded in 2004 and raised its 1st funding round 7 years after it was founded.

Balance Financial is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.

Balance Financial is a funded company, having raised a total of $3.51M across 3 funding rounds to date.

As of Dec 31, 2016, the latest employee count at Balance Financial is 22.

Balance Financial was established in 2004 in Bellevue, United States, within the financial services sector. Tools for personal and business finance management are delivered, encompassing bookkeeping, document handling, banking integration, and expense tracking. Operations are supported through a web-based platform and mobile application. Acquisition by TaxAct occurred in October 2014.

Balance Financial's top competitors include Botkeeper, Orbia and CreditBook.

Balance Financial has 3 investors. Key investors include TaxAct, Alliance of Angels, and Camp One Ventures.

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