About Reach Accountant
Reach Accountant is a company based in Chennai (India) founded in 2005 by Robin Moses. Reach Accountant has raised $901.29 thousand across 4 funding rounds from investors including Morpheus Gang, Sequoia Capital and Rajan Anandan. The company has 1 employees as of April 02, 2024. Reach Accountant operates in a competitive market with competitors including Intuit, Visma, Wave, Xero and FreshBooks, among others.
- Headquarter Chennai, India
- Employees 1 as on 02 Apr, 2024
- Founders Robin Moses
- Stage Minicorn
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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 Reach Process Outsourcing Private Limited
- Date of Incorporation 21 Oct, 2005
- Jurisdiction Tiruvallur, Tamil Nadu, India
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Annual Revenue
$249.4 K (USD)-19.75as on Mar 31, 2023
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Net Profit
-$1.43 K (USD)-112.87as on Mar 31, 2023
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EBITDA
$5.5 K (USD)-83.13as on Mar 31, 2023
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Total Equity Funding
$901.29 K (USD)
in 4 rounds
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Latest Funding Round
$197.08 K (USD), Seed
Sep 12, 2014
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Investors
Morpheus Gang
& 5 more
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Employee Count
1
as on Apr 02, 2024
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Funding Insights of Reach Accountant
Reach Accountant has successfully raised a total of $901.29K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $197.08 thousand completed in September 2014. 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 Reach Accountant
Reach Accountant has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Morpheus Gang, Sequoia Capital and Rajan Anandan.
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Sequoia Capital is engaged in venture capital investments.
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Potato farming, grain marketing, and equipment services are provided in Maine.
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Rajan Anandan |
Managing Director at Peak XV, ex-Google India head, prolific angel investor
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Investor details for Reach Accountant
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Investments & Acquisitions by Reach Accountant
Investment portfolio details for Reach Accountant
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Financial Statements - Reach Accountant
Detailed financials for Reach Accountant
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Reach Accountant Comparisons
Peer comparison for Reach Accountant
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Competitors of Reach Accountant
Reach Accountant 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, Wave, Xero and FreshBooks, among others.
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Financial and accounting software is developed for businesses and individuals.
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Cloud-based ERP software is provided for business management across segments.
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Web-based accounting software is offered for business use.
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Cloud-based accounting and payment management is offered for small businesses.
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Cloud-based invoicing and accounting software is offered for businesses.
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Cloud-based accounting software is provided for small businesses and freelancers.
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Detailed competitors of Reach Accountant
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Latest news on Reach Accountant
Complete news archive for Reach Accountant
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Frequently Asked Questions about Reach Accountant
Reach Accountant was founded in 2005 and raised its 1st funding round 4 years after it was founded.
Reach Accountant is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Robin Moses is the current CEO of Reach Accountant. They have also founded this company.
Reach Accountant is a funded company, having raised a total of $901.29K across 4 funding rounds to date.
As of Apr 02, 2024, the latest employee count at Reach Accountant is 1.
Annual revenue of Reach Accountant is $249.4K as on Mar 31, 2023.
Reach Accountant was founded in 2005 in Chennai, India, as an online software-as-a-service platform targeted at small and medium-sized businesses. Core operations focus on accounting, inventory management, billing, invoicing, point-of-sale systems, CRM integration, taxation, and auditing. The platform enables users to complete accounts and file tax returns independently. It has received funding from investors including Sequoia Capital and Orios Venture Partners, with incubation at Morpheus Venture Partners.
Reach Accountant has 6 investors. Key investors include Morpheus Gang, Sequoia Capital, Rajan Anandan, Radhika Chopra, and Rehan Yar Khan.
The valuation of Reach Accountant is $4.23M as of Sep 2014.