About Bookly
Bookly is a Technology company based in Salt Lake City (United States) founded in 2013, and was acquired by KPMG in December 2018. Online tax and bookkeeping services are offered to small businesses. The company was acqui-hired. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Record to Report. Its competitors include Botkeeper, Outright and Orbia; 2 of its 3 listed competitors have raised funding.
Company details
Bookly was founded in 2013 and is headquartered in Salt Lake City, United States. An online platform for tax and bookkeeping is operated, targeting small businesses as an alternative to traditional accounting firms. Services include tax consultations and accounting support, combining technology with access to experienced accountants. The company, previously known as Tax Alli, serves thousands of users in the accounting sector.
Funding Insights of Bookly
- Total Rounds 1
All 1 funding rounds of Bookly with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2014 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Bookly
Bookly has secured backing from 1 investor. Prominent investors backing the company include Decimal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech-enabled online bookkeeping services for small businesses are provided. | 1987 | kpmgspark.com | Salt Lake City, United States |
Investor details for Bookly
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Bookly
3 dated milestones of Bookly across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Bookly is founded.
- Funding First funding round.
- Exit Acquired by KPMG.
Competitors of Bookly
Bookly has 3 listed competitors in our database, 2 of them funded. They include Botkeeper, Outright and Orbia.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| botkeeper.com | 2015 | Boston, United States | $89.5M | 129 | AI-based bookkeeping software is provided for businesses and accounting firms. | |
| outright.com | 2008 | Mountain View, United States | $7.5M | Online bookkeeping solutions are delivered for small businesses and entrepreneurs. | ||
| orbia.com | 1953 | United States | Orbia is focused on advancing life through innovative solutions globally. |
Detailed competitors of Bookly
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as Bookly (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Frequently Asked Questions about Bookly
Bookly was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Bookly is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Bookly was founded in 2013 and is headquartered in Salt Lake City, United States. An online platform for tax and bookkeeping is operated, targeting small businesses as an alternative to traditional accounting firms. Services include tax consultations and accounting support, combining technology with access to experienced accountants. The company, previously known as Tax Alli, serves thousands of users in the accounting sector.
Bookly has 1 investor. Key investors include Decimal.
Yes. Bookly was acquired by KPMG in December 2018.