About inDinero
inDinero is a company based in San Francisco (United States) founded in 2009.. inDinero has raised $12.82 million across 8 funding rounds from investors including FundersClub, 500 Global and SaaS Capital. inDinero has completed 2 acquisitions, including mAccounting and tempCFO. inDinero offers products and services including Bookkeeping Services, Accounting Services, CFO Services, Business Tax Services, and Payroll Services. inDinero operates in a competitive market with competitors including Contabilizei, FastSpring, Sleek, Consero Global and Fincent, among others.
- Headquarter San Francisco, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Indinero, 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
$12.82 M (USD)
in 8 rounds
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Latest Funding Round
$2 M (USD), Series A
Feb 23, 2021
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Investors
FundersClub
& 14 more
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Employee Count
Employee Count
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Investments & Acquisitions
mAccounting
& 1 more
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Products & Services of inDinero
inDinero offers a comprehensive portfolio of products and services, including Bookkeeping Services, Accounting Services, CFO Services, Business Tax Services, and Payroll Services. 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.
Manages daily financial records for businesses
Handles accurate financial reporting and analysis
Provides financial strategy and advisory support
Ensures compliance and optimizes tax positions
Manages accurate payroll and tax filings
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Funding Insights of inDinero
inDinero has successfully raised a total of $12.82M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in February 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.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series A — $2.0M
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First Round
First Round
(01 Jun 2010)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series A - inDinero | Valuation |
investors |
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| Aug, 2016 | Amount | Series A - inDinero | Valuation |
investors |
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| Apr, 2015 | Amount | Debt – Conventional - inDinero | Valuation |
investors |
| 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 inDinero
inDinero has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include FundersClub, 500 Global and SaaS Capital. 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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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Stage-agnostic venture capital investments are focused on US sectors.
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Founded Year | Domain | Location | |
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Micro venture capital investments are directed toward multiple sectors.
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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 inDinero
inDinero has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include mAccounting and tempCFO. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Accounting, bookkeeping, and business tax services are provided.
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2003 | ||||
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Outsourced accounting, finance, and tax services are provided to businesses.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - inDinero
| 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 |
Indinero Comparisons
Competitors of inDinero
inDinero 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 Contabilizei, FastSpring, Sleek, Consero Global and Fincent, 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 |
Online accounting and tax services are provided for small businesses.
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| domain | founded_year | HQ Location |
Cloud-based subscription management and tax collection solutions are provided.
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| domain | founded_year | HQ Location |
Platform offering business incorporation solution
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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 |
Online bookkeeping and tax filing are provided for small businesses.
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| domain | founded_year | HQ Location |
Online tax and bookkeeping services for businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Indinero
Frequently Asked Questions about inDinero
When was inDinero founded?
inDinero was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is inDinero located?
inDinero is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is inDinero a funded company?
inDinero is a funded company, having raised a total of $12.82M across 8 funding rounds to date.
What does inDinero do?
inDinero is a financial software with services (SwS) solution for small businesses to automate accounting, tax and payroll activities for a flat fee. It helps small businesses manage their finances with accounting, payroll, and tax services. A SaaS fiscal modeling tool, inDinero continuously pulls in information from various credit-card and bank accounts, along with electronic payment services such as PayPal. It has budgeting tools based on previous transactions, alert functions, fiscal targeting tools and stats such as cash flow, income, and spending. inDinero has over 80 employees with offices in San Francisco, Portland, and Manila.
Who are the top competitors of inDinero?
inDinero's top competitors include Contabilizei, Pilot and Finaloop.
What products or services does inDinero offer?
inDinero offers Bookkeeping Services, Accounting Services, CFO Services, Business Tax Services, and Payroll Services.
How many acquisitions has inDinero made?
inDinero has made 2 acquisitions, including mAccounting, and tempCFO.
Who are inDinero's investors?
inDinero has 15 investors. Key investors include FundersClub, 500 Global, SaaS Capital, Cota Capital, and Coyote Ridge Ventures.
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