About Fincent
Fincent is a company based in Fremont (United States) founded in 2020 by Gaurav Soni and Hrush Bhatt. Fincent has raised $6 million across 1 funding round from investors including Accel. The company has 75 employees as of April 07, 2024. Fincent offers products and services including Bookkeeping Service, Invoicing and Billing, and Tax Support. Fincent operates in a competitive market with competitors including FastSpring, inDinero, Contabilizei, Pilot and Consero Global, among others.
- Headquarter Fremont, United States
- Employees 75 as on 07 Apr, 2024
- Founders Gaurav Soni, Hrush Bhatt
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Sectors
Technology
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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 Fincent Software Services Private Limited
- Date of Incorporation 11 Nov, 2020
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.02 M (USD)77.11as on Mar 31, 2023
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Net Profit
$201.08 K (USD)69.91as on Mar 31, 2023
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EBITDA
$291.67 K (USD)89.29as on Mar 31, 2023
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Total Equity Funding
$6 M (USD)
in 1 rounds
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Latest Funding Round
$6 M (USD), Series A
Jan 01, 2022
- Investors
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Employee Count
75
as on Apr 07, 2024
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Products & Services of Fincent
Fincent offers a comprehensive portfolio of products and services, including Bookkeeping Service, Invoicing and Billing, and Tax Support.
Platform for automated and human-assisted bookkeeping tasks.
Tools for creating invoices and managing payments efficiently.
Assistance with tax filing and IRS compliance for businesses.
People of Fincent
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Funding Insights of Fincent
Fincent has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in January 2022. 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 1
- Last Round Series A — $6.0M
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First Round
First Round
(01 Jan 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2022 | Amount | Series A - Fincent | Valuation | Accel |
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Investors in Fincent
Investments & Acquisitions by Fincent
Financial Statements - Fincent
Fincent Comparisons
Competitors of Fincent
Fincent 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 FastSpring, inDinero, Contabilizei, Pilot and Consero Global, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based subscription management and tax collection solutions are provided.
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| domain | founded_year | HQ Location |
Financial Management Software with Services for SMBs
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| domain | founded_year | HQ Location |
Online accounting and tax services are provided for small businesses.
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| domain | founded_year | HQ Location |
Bookkeeping services are provided for small and medium-sized businesses.
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| domain | founded_year | HQ Location |
Online financial management and accounting services are offered to businesses.
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| domain | founded_year | HQ Location |
Platform offering business incorporation solution
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Latest news on Fincent
Frequently Asked Questions about Fincent
Fincent was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Fincent is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Hrush Bhatt is the current CEO of Fincent. They have also founded this company.
Fincent is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Jan 01, 2022.
As of Apr 07, 2024, the latest employee count at Fincent is 75.
Annual revenue of Fincent is $2.02M as on Mar 31, 2023.
Fincent was founded in 2020 in Fremont, United States, within the financial services sector. Online bookkeeping is offered to small businesses, with full outsourcing of tax filing processes for S-Corps, LLCs, and other entities. Forms are prepared, reviewed, and verified by professionals prior to client signing, ensuring compliance across operations.
Fincent's top competitors include Contabilizei, Pilot and Sleek.
Fincent offers Bookkeeping Service, Invoicing and Billing, and Tax Support.
Fincent has 1 investor. Key investors include Accel.