About FloBiz
FloBiz is a company based in Bengaluru (India) founded in 2019 by Rakesh Yadav. FloBiz has raised $44 million across 3 funding rounds from investors including Peak XV Partners, 100Unicorns and Whiteboard Capital. The company has 74 employees as of March 31, 2024. FloBiz offers products and services including myBillBook Android and myBillBook Desktop. FloBiz operates in a competitive market with competitors including Billtrust, SumUp, Paymentus, Vyapar and PayStand, among others.
- Headquarter Bengaluru, India
- Employees 74 as on 31 Mar, 2024
- Founders Rakesh Yadav
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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 Valorem Stack Private Limited
- Date of Incorporation 21 May, 2019
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$5.4 M (USD)76.57as on Mar 31, 2023
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Net Profit
$597.14 K (USD)59.86as on Mar 31, 2023
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EBITDA
$1.19 M (USD)67.37as on Mar 31, 2023
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Total Equity Funding
$44 M (USD)
in 3 rounds
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Latest Funding Round
$31 M (USD), Series B
Apr 19, 2021
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Investors
Peak XV Partners
& 20 more
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Employee Count
74
as on Mar 31, 2024
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Products & Services of FloBiz
FloBiz offers a comprehensive portfolio of products and services, including myBillBook Android and myBillBook Desktop.
App for GST billing, inventory management, and on-the-go business reporting.
Software for comprehensive billing, accounting, and performance analysis tools.
People of FloBiz
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Funding Insights of FloBiz
FloBiz has successfully raised a total of $44M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $31 million completed in April 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 FloBiz
FloBiz has secured backing from 21 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Peak XV Partners, 100Unicorns and Whiteboard Capital.
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Early-stage venture capital fund
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Elevation Capital is focused on early-stage tech investments in India.
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Investor details for FloBiz
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by FloBiz
Investment portfolio details for FloBiz
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- Transaction dates
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Financial Statements - FloBiz
Detailed financials for FloBiz
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- Profit trends
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Flobiz Comparisons
Peer comparison for FloBiz
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of FloBiz
FloBiz 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 Billtrust, SumUp, Paymentus, Vyapar and PayStand, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Invoice and payment management solutions are offered for small businesses.
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Provider of mPOS solution and card reader for offline retailers
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Comprehensive billing and payment solution provider
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Cloud-based invoicing and inventory tools for small businesses are provided.
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Payment processing for bitcoin, e-checks, and credit cards is facilitated.
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An app-based invoicing solution is provided for small businesses.
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Detailed competitors of FloBiz
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- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Flobiz
Complete news archive for FloBiz
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about FloBiz
FloBiz was founded in 2019.
FloBiz is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rakesh Yadav is the current CEO of FloBiz. They have also founded this company.
FloBiz is a funded company, having raised a total of $44M across 3 funding rounds to date.
As of Mar 31, 2024, the latest employee count at FloBiz is 74.
Annual revenue of FloBiz is $5.4M as on Mar 31, 2023.
FloBiz was established in 2019 in Bengaluru, India, focusing on digital tools for small and medium businesses in the accounting sector. Mobile-first solutions are developed to support digitization and operational efficiency. The primary product delivers GST-compliant billing and accounting, encompassing invoice generation, inventory tracking, performance reporting, payment notifications, and tailored business cards. These tools are built with user-friendly designs and security protocols suited to multiple business categories.
FloBiz offers myBillBook Android and myBillBook Desktop.
FloBiz has 21 investors. Key investors include Peak XV Partners, 100Unicorns, Whiteboard Capital, Beenext, and Elevation Capital.