About Firmway
Firmway is a company based in Mumbai (India) founded in 2016. Firmway has raised $66.18 thousand across 1 funding round from investors including John Arun Diaz, Taher Khokhawala and Neeta Sanjay Rambhia. Firmway offers products and services including Balance Confirmation, Audit Confirmation, MSME Status Confirmation, Ledger Reconciliation, and 26AS Reconciliation. Firmway operates in a competitive market with competitors including Intuit, Visma, Clear, Wave and Xero, among others.
- Headquarter Mumbai, India
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Firmway Services Private Limited
- Date of Incorporation 19 Jul, 2016
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$193.63 K (USD)53.52as on Mar 31, 2023
-
Net Profit
-$17.99 K (USD)-174.6as on Mar 31, 2023
-
EBITDA
-$19.33 K (USD)-145.89as on Mar 31, 2023
-
Total Equity Funding
$66.18 K (USD)
in 1 rounds
-
Latest Funding Round
$66.18 K (USD), Seed
Jan 02, 2021
-
Investors
& 18 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Firmway
Firmway offers a comprehensive portfolio of products and services, including Balance Confirmation, Audit Confirmation, MSME Status Confirmation, Ledger Reconciliation, and 26AS Reconciliation.
Automates verification of account balances for accurate financial reporting.
Facilitates electronic audit confirmations to ensure compliance and efficiency.
Checks and confirms MSME status for regulatory adherence in transactions.
Automates ledger matching to highlight and resolve financial discrepancies.
Reconciles income tax data for accurate reporting and compliance checks.
People of Firmway
Unlock access to complete
Unlock access to complete
Funding Insights of Firmway
Firmway has successfully raised a total of $66.18K through 1 strategic funding round. The most recent funding activity was a Seed round of $66.18 thousand completed in January 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.
Investors in Firmway
Firmway has secured backing from 19 investors, including angel investors. Prominent investors backing the company include John Arun Diaz, Taher Khokhawala and Neeta Sanjay Rambhia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
JA
John Arun Diaz |
-
|
Locked | Locked | Locked |
|
TK
Taher Khokhawala |
-
|
Locked | Locked | Locked |
|
NS
Neeta Sanjay Rambhia |
-
|
Locked | Locked | Locked |
Investor details for Firmway
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Firmway
Investment portfolio details for Firmway
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Firmway
Detailed financials for Firmway
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Firmway Comparisons
Peer comparison for Firmway
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Firmway
Firmway 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, Clear, Wave and Xero, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Financial and accounting software is developed for businesses and individuals.
|
|
| Locked | Locked | Locked |
Cloud-based ERP software is provided for business management across segments.
|
|
| Locked | Locked | Locked |
Technology-enabled accounting and finance solutions are offered for SMBs.
|
|
| Locked | Locked | Locked |
Web-based accounting software is offered for business use.
|
|
| Locked | Locked | Locked |
Cloud-based accounting and payment management is offered for small businesses.
|
|
| Locked | Locked | Locked |
Cloud-based invoicing and accounting software is offered for businesses.
|
Detailed competitors of Firmway
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Firmway
Complete news archive for Firmway
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.
Frequently Asked Questions about Firmway
Firmway was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Firmway is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Firmway is a funded company, having raised a total of $66.18K across 1 funding round to date.
Annual revenue of Firmway is $193.63K as on Mar 31, 2023.
Firmway was founded in 2016 and is headquartered in Mumbai, India. Transaction monitoring and reconciliation services are offered to businesses in the financial sector. Tracking of trade receivables, payables, deposits, loans, advances, sales, purchases, receipts, and payments is facilitated. Solutions for balance confirmation, auto-reconciliation, collection management, and data collection are included. Confirmations are sent, responses are tracked, reminders are automated, and reporting is provided.
Firmway offers Balance Confirmation, Audit Confirmation, MSME Status Confirmation, Ledger Reconciliation, and 26AS Reconciliation.
Firmway has 19 investors. Key investors include John Arun Diaz, Taher Khokhawala, Neeta Sanjay Rambhia, Apurv Gandhi, and Indu Singh.
The valuation of Firmway is $884.24K as of Jan 2021.