About Heard
Heard is a company based in San Francisco (United States) founded in 2019 by Andrew Riesen and Victoria Li. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Heard has raised $26.3 million across 3 funding rounds from investors including Headline, GGV Capital and Footwork. Heard offers products and services including Bookkeeping, Taxes, Payroll, and S Corp Election. Heard operates in a competitive market with competitors including Anaplan, Workday Adaptive Planning, Vena Marketing, Planful and Pigment, among others.
- Headquarter San Francisco, United States
- Founders Andrew Riesen, Victoria Li
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Sectors
HealthcareTechnology
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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 Heard Technologies, 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
$26.3 M (USD)
in 3 rounds
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Latest Funding Round
$15 M (USD), Series A
Jun 23, 2023
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Investors
Headline
& 13 more
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Employee Count
Employee Count
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Products & Services of Heard
Heard offers a comprehensive portfolio of products and services, including Bookkeeping, Taxes, Payroll, and S Corp Election. 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.
Monthly bookkeeping and financial reports are provided expertly.
Quarterly tax estimates and annual filings are managed.
Payroll processing and compliance support are offered efficiently.
S Corp election process is handled for clients.
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Funding Insights of Heard
Heard has successfully raised a total of $26.3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in June 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 3
- Last Round Series A — $15.0M
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First Round
First Round
(17 Mar 2021)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Series A - Heard | Valuation |
investors |
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| Apr, 2022 | Amount | Series A - Heard | Valuation | Footwork | |
| Mar, 2021 | Amount | Seed - Heard | Valuation | Founders' Co-op |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Heard
Heard has secured backing from 14 investors, including venture fund and angel investors. Prominent investors backing the company include Headline, GGV Capital and Footwork. 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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Investments are made in early-stage tech startups across 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 | |
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Early-stage venture capital investments are provided by Footwork.
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Founded Year | Domain | Location |
| Investor | Description | 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 Heard
| 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 - Heard
| 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 |
Heard Comparisons
Competitors of Heard
Heard 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 Anaplan, Workday Adaptive Planning, Vena Marketing, Planful and Pigment, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Operational planning and forecasting solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Cloud-based financial planning and analytics are delivered via SaaS.
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| domain | founded_year | HQ Location |
AI-powered financial planning and accounting software is offered.
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| domain | founded_year | HQ Location |
Cloud-based financial planning and advisory solutions are provided for businesses.
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| domain | founded_year | HQ Location |
A platform for business planning and project management is offered.
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| domain | founded_year | HQ Location |
Expense management solutions are delivered via a software platform.
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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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| domain | founded_year | HQ Location |
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 Heard
Frequently Asked Questions about Heard
When was Heard founded?
Heard was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Heard located?
Heard is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Heard?
Andrew Riesen is the current CEO of Heard. They have also founded this company.
Is Heard a funded company?
Heard is a funded company, having raised a total of $26.3M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Mar 17, 2021.
What does Heard do?
Financial solutions are offered by Heard for therapists and wellness practitioners. Services including bookkeeping, tax filing, payroll processing, and S Corp election support are provided. The platform is designed to save time and money by streamlining financial tasks. Focus is placed on the health and wellness sector, specifically targeting solo and group practices. Tools and resources are made available to maximize tax deductions and ensure compliance. Support is extended through expert advice and a 247 help center.
Who are the top competitors of Heard?
Heard's top competitors include Workday Adaptive Planning, Vena Marketing and Anaplan.
What products or services does Heard offer?
Heard offers Bookkeeping, Taxes, Payroll, and S Corp Election.
Who are Heard's investors?
Heard has 14 investors. Key investors include Headline, GGV Capital, Footwork, Founders' Co-op, and Heron Rock.
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