About FISCAL Technologies
FISCAL Technologies is a Technology company based in Raleigh (United States) founded in 2002 by Lesley Reeve. Cloud-based audit and risk management solutions are provided for businesses. FISCAL Technologies has raised $4.81 million across 2 funding rounds from investors including Calculus Capital, Octopus Ventures and Octopus Investments. FISCAL Technologies offers products and services including Fraud Protection, Duplicate Invoices, Recovery Audit, and Statement Reconciliation. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Record to Report. Its legal entity is FISCAL Technologies Ltd. Its competitors include AuditBoard, Ocrolus and Auditoria.AI; 3 of its 3 listed competitors have raised funding.
Company details
FISCAL Technologies was founded in 2002 and is headquartered in Raleigh, United States. Operations focus on the audit and risk management sector, where cloud-based tools are utilized to analyze accounts payable transactions, master supplier files, and tax entries across six core modules. Services include overpayment recovery, fraud detection, spending protection, invoice fraud prevention, accounts payable auditing, and supplier risk management for organizations.
- Headquarters Raleigh, United States
- Founders Lesley Reeve
- SectorsTechnology
- Email••••••••
- Website fiscaltec.com
- Social LinkedIn X
- Legal Name Fiscal Technologies Ltd
- Total Equity Funding$4.81M (USD)
in 2 rounds
- InvestorsCalculus Capital
& 2 more
Products & Services of FISCAL Technologies
FISCAL Technologies offers a comprehensive portfolio of products and services, including Fraud Protection, Duplicate Invoices, Recovery Audit, and Statement Reconciliation.
Detects fraud in suppliers and transactions through forensic analysis.
Identifies duplicate invoices and anomalies to prevent overpayments.
Recovers historical overpayments using specialized software tools.
Automates reconciliation to improve accuracy and recover credits.
Funding Insights of FISCAL Technologies
FISCAL Technologies has successfully raised a total of $4.81M across 2 strategic funding rounds. 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 $4.81M
- Total Rounds 2
- First Round $4.81M
(Dec 2019)
- Investors Count 3
All 2 funding rounds of FISCAL Technologies 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 |
|---|---|---|---|---|---|
| May 2022 | Series B | – | Octopus Ventures | ||
| Dec 2019 | $4.81M | Series A | – | Octopus Investments, Calculus Capital | – |
3 investors in total: 3 institutional.
Investors in FISCAL Technologies
FISCAL Technologies has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Calculus Capital, Octopus Ventures and Octopus Investments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investment and support for founders in technology and health sectors. | octopusventures.com | |||
UK venture capital investments are managed by Calculus Capital. | 1999 | calculuscapital.com | London, United Kingdom | |
Investment solutions are provided for tax planning and wealth management. | 2000 | octopusinvestments.com | London, United Kingdom |
Investor details for FISCAL Technologies
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- Investor portfolios
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People of FISCAL Technologies
27 people are tracked at FISCAL Technologies (6 in leadership, 2 in board & advisors, 19 in team).
| Name | Role | Group |
|---|---|---|
Lesley Reeve | Co-Founder & COO | Leadership |
Frances Lawrence | Chief Financial Officer | Leadership |
David Griffiths | CEO | Leadership |
Brendan Burke | Director Of Services | Leadership |
James Pobgee | Director of IT and Security | Leadership |
Stewart Hayward | Marketing Director | Leadership |
Nigel Savory | Chairman | Board & advisors |
Alan Laing | Director | Board & advisors |
Chris Flinders | Marketing Support Administrator | Team |
Kyra Davis | Content Marketing Executive | Team |
Alex Perrett | Services Team Lead | Team |
Sebie Sharman | Technical Support Principle | Team |
Hannah Courtney | Customer Success Manager | Team |
Ruth Wood MICB | Finance Department | Team |
John Muggeridge | Lead Pre Sales & Sevices Consultant | Team |
Sian Davies | Human Resources Manager | Team |
Jeannette Keleher | Implementation Project Manager | Team |
Marcus Leathwood | Channel Marketing Consultant | Team |
Kevin Courtney | Training & Engagement Consultant | Team |
J'Quan Wallace | Information Technology Infrastructure Engineer | Team |
7 more people are available in the full profile.
Complete people profiles for FISCAL Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of FISCAL Technologies
3 dated milestones of FISCAL Technologies across 20 years, from founding to its latest funding, stage changes and deals.
- Founded FISCAL Technologies is founded.
- Funding First funding round of $4.8M.
- Funding Latest funding round, Series B,.
Competitors of FISCAL Technologies
FISCAL Technologies has 3 listed competitors in our database, 3 of them funded. They include AuditBoard, Ocrolus and Auditoria.AI.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| auditboard.com | 2014 | Cerritos, United States | $43.61M | 642 | Cloud-based GRC and audit management solutions are provided. | |
| ocrolus.com | 2014 | New York, United States | $122.31M | 145 | Provider of bank accounts auditing solutions for businesses | |
| auditoria.ai | 2019 | Menlo Park, United States | $60.52M | 26 | AI-driven audit automation solutions for enterprises are provided. |
Detailed competitors of FISCAL Technologies
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Web traffic of FISCAL Technologies
The website of FISCAL Technologies (fiscaltec.com) receives about 8.4K visits a month.
- Monthly visits8.4K
▼ 3.9% vs previous month
Websites whose visitors overlap most with FISCAL Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| kefron.com | 100% | 11.7K | #2,036,316 | View details |
Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as FISCAL Technologies (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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Related news about Fiscal Technologies
Complete news archive for FISCAL Technologies
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Frequently Asked Questions about FISCAL Technologies
FISCAL Technologies was founded in 2002 and raised its 1st funding round 17 years after it was founded.
FISCAL Technologies is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
FISCAL Technologies is a funded company, having raised a total of $4.81M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.81M, raised on Dec 2019.
FISCAL Technologies was founded in 2002 and is headquartered in Raleigh, United States. Operations focus on the audit and risk management sector, where cloud-based tools are utilized to analyze accounts payable transactions, master supplier files, and tax entries across six core modules. Services include overpayment recovery, fraud detection, spending protection, invoice fraud prevention, accounts payable auditing, and supplier risk management for organizations.
FISCAL Technologies's top competitors include AuditBoard, Ocrolus and Auditoria.AI.
FISCAL Technologies offers Fraud Protection, Duplicate Invoices, Recovery Audit, and Statement Reconciliation.
FISCAL Technologies has 3 investors. Key investors include Calculus Capital, Octopus Ventures, and Octopus Investments.
FISCAL Technologies operates through Fiscal Technologies Ltd.