About DebtBook
DebtBook is a company based in Charlotte (United States) founded in 2019 by Tyler Traudt and Erik Pelletier.. DebtBook has raised $22.23 million across 4 funding rounds from investors including Elephant Elephant. DebtBook offers products and services including Debt Management, Cash Management, Lease Management, and Subscription Management. DebtBook operates in a competitive market with competitors including Clerkie, InDebted, Valon Mortgage, CreditMate and Data Sutram, among others.
- Headquarter Charlotte, United States
- Founders Tyler Traudt, Erik Pelletier
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Fifth Asset, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.23 M (USD)
in 4 rounds
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Latest Funding Round
$12.5 M (USD), Series A
Jul 26, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of DebtBook
DebtBook offers a comprehensive portfolio of products and services, including Debt Management, Cash Management, Lease Management, and Subscription Management. 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.
Platform for automating debt tracking and financial reporting
Tool for cash flow forecasting and fraud detection
System for GASB 87 compliance and audit automation
Platform for GASB 96 compliance and IT arrangement tracking
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Funding Insights of DebtBook
DebtBook has successfully raised a total of $22.23M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $12.5 million completed in July 2023. 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 4
- Last Round Series A — $12.5M
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First Round
First Round
(30 Sep 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2023 | Amount | Series A - DebtBook | Valuation | Elephant Venture Capital |
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| Aug, 2022 | Amount | Series A - DebtBook | Valuation |
investors |
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| Dec, 2021 | Amount | Seed - DebtBook | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 DebtBook
DebtBook has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Elephant Elephant. 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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Venture capital firm dealing with enterprise software, consumer internet, and mobile markets.
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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 DebtBook
| 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 - DebtBook
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Debtbook Comparisons
Competitors of DebtBook
DebtBook 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 Clerkie, InDebted, Valon Mortgage, CreditMate and Data Sutram, 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 |
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| domain | founded_year | HQ Location |
Platform for loan servicing and credit score building through debt management
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| domain | founded_year | HQ Location |
Cloud-based debt collection solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Cloud-native marketplace for mortgage loans
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| domain | founded_year | HQ Location |
Overdue payments are collected from borrowers for multiple lenders.
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| domain | founded_year | HQ Location |
Platform offering external data insights for enterprises across the customer lifecycle
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| domain | founded_year | HQ Location |
Provider of customer engagement solutions to financial institutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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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 Debtbook
Frequently Asked Questions about DebtBook
When was DebtBook founded?
DebtBook was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is DebtBook located?
DebtBook is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Who is the current CEO of DebtBook?
Tyler Traudt is the current CEO of DebtBook. They have also founded this company.
Is DebtBook a funded company?
DebtBook is a funded company, having raised a total of $22.23M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Sep 30, 2020.
What does DebtBook do?
DebtBook was founded in 2019 and is headquartered in Charlotte, United States. Cloud-based software for debt management is provided to sectors including governments, non-profits, financial advisors, bankers, law firms, and accountants. Core operations encompass payment reminders, debt and payment tracking, document organization, lease management, and subscription management. Automated refunding analysis is also facilitated to support efficient debt handling.
Who are the top competitors of DebtBook?
DebtBook's top competitors include Valon Mortgage, InDebted and CreditMate.
What products or services does DebtBook offer?
DebtBook offers Debt Management, Cash Management, Lease Management, and Subscription Management.
Who are DebtBook's investors?
DebtBook has 1 investor. Key investors include Elephant Elephant.