About Countingup
Countingup is a company based in London (United Kingdom) founded in 2017 by Tim Fouracre. Countingup has raised $21.41 million across 4 funding rounds from investors including Sage Group, European Investment Fund and ING Ventures. Countingup offers products and services including Business Account and Accounting Software. Countingup operates in a competitive market with competitors including Intuit, Visma, Xero, Wave and FreshBooks, among others.
- Headquarter London, United Kingdom
- Founders Tim Fouracre
- Stage Minicorn
- SectorsTechnology
- Website category Finance · Financial Planning and Management
- Website countingup.com
- Social LinkedIn X Facebook
- Legal Name Counting Ltd
- Total Equity Funding$21.41M (USD)
in 4 rounds
- Latest Funding Round$12.7M (USD), Series A
Mar 2021
- InvestorsSage Group
& 25 more
Products & Services of Countingup
Countingup offers a comprehensive portfolio of products and services, including Business Account and Accounting Software.
Combined current account and accounting tool for managing business finances.
Automates invoicing, taxes, and financial insights for small businesses.
Apps and channels of Countingup
Countingup publishes 1 mobile app with over 100K+ downloads.
Funding Insights of Countingup
Countingup has successfully raised a total of $21.41M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $12.7 million completed in March 2021. 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 $21.41M
- Total Rounds 4
- Last Round Series A — $12.7M
- First Round $750,000
(Oct 2017)
- Investors Count 26
All 4 funding rounds of Countingup 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 2021 | $12.7M | Series A | – | Framework Venture Partners | |
| May 2020 | $4.95M | Series A | – | ING Ventures | |
| Aug 2018 | $3M | Seed | $10.04M | Forward Partners | |
| Oct 2017 | $750,000 | Seed | $2.48M | Frontline Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2018 | $10.04M | •••••••• |
| Oct 2017 | $2.48M | •••••••• |
Last known valuation $10.04M (Aug 2018). 26 investors in total: 13 institutional and 13 angel.
Investors in Countingup
Countingup has secured backing from 26 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Sage Group, European Investment Fund and ING Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Software startups are invested in by Framework Venture Partners. | – | framework.vc | Toronto, Canada | |
Growth equity investments are made to scale high-potential businesses. | – | greshamhouseventures.com | London, United Kingdom | |
Venture Capital firm backed by ING | 1991 | ing.com/About-us/ING-Ventures.htm | Amsterdam, Netherlands | |
Start Ventures is focused on early-stage fintech investments. | – | startventures.vc | Lisbon, Portugal | |
Venture capital firm focused on B2B companies | – | frontline.vc | Dublin, Ireland | |
Private equity investments are directed toward SMEs and tech startups. | 1994 | eif.org | Luxembourg, Luxembourg | |
High Tech Ventures is engaged in connecting startup professionals with venture-funded companies through recruitment and incubator services. | – | htventures.com | Boston, United States | |
Venture capital is provided by Molten Ventures to tech leaders. | – | forwardpartners.com | London, United Kingdom | |
Early-stage tech startups are funded by this venture capital firm. | – | jamjarinvestments.com | London, United Kingdom | |
Cloud-based accounting and payroll solutions for small and medium businesses | 1981 | sage.com | United States |
Investor details for Countingup
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.
People of Countingup
20 people are tracked at Countingup (8 in leadership, 12 in team).
| Name | Role | Group |
|---|---|---|
Tim Fouracre | Founder & CEO | Leadership |
Jermaine H. | Head of Product | Leadership |
Sarah F. | Head Of Customer Operations | Leadership |
David Brown | Head of Design | Leadership |
Angus Reid | Chief Operating Officer | Leadership |
Mike Moate | Chief Technology Officer | Leadership |
Roshini F. | Head of Financial Crime | Leadership |
Astrid Goussé | Head of Product | Leadership |
Lennox O-A, ICA.Cert (AML) | Financial Crime Investigator | Team |
Laurie Tweedale | Management Accountant | Team |
David S. | Developer | Team |
Jamie Lindsay | Full Stack Developer | Team |
Michele Fiordispina | Full Stack Developer | Team |
Robert T. | Developer | Team |
Christopher Wright | Senior Product Manager | Team |
Richard Keenan | Full Stack Engineer | Team |
Daniel Francis | Customer Success Specialist | Team |
Ighi Igbe | Senior Data Engineer | Team |
Georgia Bishop | Financial Crime Manager | Team |
Rosena Desousa | Financial Crime Analyst | Team |
Complete people profiles for Countingup
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Countingup
4 dated milestones of Countingup across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Countingup is founded.
- Funding First funding round of $750K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $12.7M.
Competitors of Countingup
Countingup 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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| intuit.com | 1983 | Mountain View, United States | $49.62M | 18,800 | Financial and accounting software is developed for businesses and individuals. | |
| visma.com | 1996 | Oslo, Norway | $198.09M | – | Cloud-based ERP software is provided for business management across segments. | |
| xero.com | 2006 | Wellington, New Zealand | – | 347 | Cloud-based accounting and payment management is offered for small businesses. | |
| waveapps.com | 2010 | Toronto, Canada | $82.4M | – | Web-based accounting software is offered for business use. | |
| freshbooks.com | 2003 | Toronto, Canada | $153.75M | 613 | Cloud-based invoicing and accounting software is offered for businesses. | |
| freeagent.com | 2007 | Edinburgh, United Kingdom | $21.89M | 264 | Cloud-based accounting software is provided for small businesses and freelancers. | |
| clear.in | 2011 | Bengaluru, India | $140.42M | – | Technology-enabled accounting and finance solutions are offered for SMBs. | |
| kyriba.com | 2000 | San Diego, United States | $160.68M | 334 | Cloud-based treasury automation and risk management solutions are provided. | |
| found.com | 2019 | San Francisco, United States | $118.75M | 35 | Accounting and bookkeeping solutions are provided for small businesses. | |
| freee.co.jp | 2012 | Tokyo, Japan | $143.33M | – | Cloud-based accounting and ERP software is offered for businesses. |
Detailed competitors of Countingup
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.
Web traffic of Countingup
The website of Countingup (countingup.com) receives about 35.5K visits a month and ranks #842,698 among all websites worldwide, #9,036 in Financial Planning and Management.
- Monthly visits35.5K
▲ 5.8% vs previous month
- Unique visitors12.9K
per month
- Global rank#842,698
among all websites
- Category rank#9,036
Finance · Financial Planning and Management
- Bounce rate48%
- Pages per visit2.3
- Average visit32 sec
- DevicesDesktop 24% · Mobile 76%
Websites whose visitors overlap most with Countingup. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| anna.money | 100% | 226.9K | #192,669 | View details | |
| mintformations.co.uk | 97% | – | #876,073 | View details | |
| rapidformations.co.uk | 97% | – | #315,600 | View details | |
yourcompanyformations.co.uk | yourcompanyformations.co.uk | 97% | – | #168,712 | – |
| vestd.com | 96% | 65.2K | #470,365 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 26 similar websites and full traffic analytics for Countingup
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 26 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Countingup
Complete news archive for Countingup
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Countingup
10 companies that operate in the same segment as Countingup (Finance & Accounting Applications), 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 | 2,360 | |
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 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about Countingup
Countingup was founded in 2017.
Countingup is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Tim Fouracre is the current CEO of Countingup. They have also founded this company.
Countingup is a funded company, having raised a total of $21.41M across 4 funding rounds to date. The company's 1st funding round was a Seed of $750K, raised on Oct 2017.
Founded in 2017 and based in London, United Kingdom, Countingup operates in the fintech sector. Cloud-based accounting and business banking services are provided to freelancers and small businesses. Key features include automated bookkeeping, invoice processing, receipt capture, income and expense tracking, and profit-and-loss reporting. An app-based platform is available on iOS and Android, with various subscription options.
Countingup offers Business Account and Accounting Software.
Countingup has 26 investors. Key investors include Sage Group, European Investment Fund, ING Ventures, Framework Venture Partners, and Gresham House Ventures.
The valuation of Countingup is $10.04M as of Aug 2018.
Countingup operates through Counting Ltd.
Yes. Countingup publishes Countingup - Business Account, with over 100,000 downloads.