About Reach Accountant
Reach Accountant is a Technology company based in Chennai (India) founded in 2005 by Robin Moses. Accounting Software for SMBs. 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. Reach Accountant was last valued at $4.23 million in September 2014. Its chief executive, as recorded, is Robin Moses. Its Indian entity Reach Process Outsourcing Private Limited reported revenue of βΉ77.3 Lakh. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Accounting Suite.
Company details
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.
- Headquarters Chennai, India
- Employees 1
- Founders Robin Moses
- Stage Minicorn
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website reachaccountant.com
- Social LinkedIn X Facebook YouTube
- Legal Name Reach Process Outsourcing Private Limited
- Date of Incorporation 21 Oct, 2005
- Jurisdiction Tiruvallur, Tamil Nadu, India
- Annual Revenue₹77.3 Lakh
FY 2024 · -63% YoY
- Net Loss-₹59.9 Lakh
FY 2024 · -77% margin
- EBITDA-₹52.8 Lakh
FY 2024 · -68% margin
- Total Equity Funding$901.29K (USD)
in 4 rounds
- Latest Funding Round$197.08K (USD), Seed
Sep 2014
- InvestorsMorpheus Gang
& 5 more
- Employee Count1
Associated legal entities of Reach Accountant
Reach Accountant operates through Reach Process Outsourcing Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Reach Process Outsourcing Private Limited CIN U74910TN2005PTC057888 | Active | 21 Oct 2005 | Chennai, Tamil Nadu | ₹0.8 Cr | 4 | View details |
Apps and channels of Reach Accountant
its YouTube channel Reach Accountant has 3.3K subscribers and 30 videos.
Videos from Reach Accountant
The most watched videos on Reach Accountant's YouTube channel, Reach Accountant (3.3K subscribers). Click a video to play it here.
More on Reach Accountant.
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.
- Total Funding $901,292
- Total Rounds 4
- Last Round Seed β $197,077
- Investors Count 6
All 4 funding rounds of Reach Accountant 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 |
|---|---|---|---|---|---|
| Sep 2014 | $197,077 | Seed | $4.23M | Sequoia Capital | |
| Mar 2013 | $605,293 | Seed | $2.57M | Sequoia Capital | β |
| Sep 2011 | $98,922 | Angel Round | $β’β’β’β’β’ | Radhika Chopra | |
| Aug 2009 | Seed | β | Morpheus Gang |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2014 | $4.23M | β’β’β’β’β’β’β’β’ |
| Mar 2013 | $2.57M | β’β’β’β’β’β’β’β’ |
Last known valuation $4.23M (Sep 2014). 6 investors in total: 2 institutional and 4 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Potato farming, grain marketing, and equipment services are provided in Maine. | 2008 | morpheusgang.com | Chandigarh, India | |
RA Rajan Anandan | Managing Director at Peak XV, ex-Google India head, prolific angel investor | unknown_13bfa3d6e7db453cb | ||
RC Radhika Chopra | unknown_1fd25fee866149459 | |||
RY Rehan Yar Khan | Veteran angel investor, founder of Orios Venture Partners, early backer of unicorns | unknown_0d46935b195846ad9 | ||
IK Indus Khaitan | Angel investor, ex-Oracle, founder of The Indus Entrepreneurs (TiE) | unknown_86faa9f05b6b4fdcb |
Investor details for Reach Accountant
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Reach Process Outsourcing Private Limited (Reach Accountant)
Reach Process Outsourcing Private Limited is the primary company behind Reach Accountant. The board of Reach Process Outsourcing Private Limited currently have 4 directors; the longest-serving is Robin Moses Raj Packia Nisha, appointed in 2005. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Robin Moses Raj Packia Nisha DIN 02410834 | Director | 21 Oct 2005 | 21 yrs | Reach Process Outsourcing Private Limited |
| Dorathi Prema DIN 02443256 | Director | 21 Oct 2005 | 21 yrs | Reach Process Outsourcing Private Limited |
| Rajan Jei Anandan DIN 02395272 | Nominee Director | 13 Aug 2011 | 15 yrs 2 mo | Reach Process Outsourcing Private Limited |
| Robin Moses Raj G Robin Moses Raj DIN 02352138 | Managing Director | 05 Mar 2013 | 13 yrs 7 mo | Reach Process Outsourcing Private Limited |
People of Reach Accountant
1 people are tracked at Reach Accountant (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Reach Accountant
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Reach Accountant
Figures of Reach Process Outsourcing Private Limited, the primary company behind Reach Accountant, for FY 2024. Revenue was ₹77.3 Lakh (-63% year on year). Net loss was -₹59.9 Lakh (-77% margin). EBITDA was -₹52.8 Lakh (-68% margin). Revenue has grown at a compounded annual rate of -27% over three years and 0% over five years.
- ₹77.3 LakhRevenue · FY 2024 · -63% YoY
- -₹59.9 LakhNet loss · -77% margin
- -₹52.8 LakhEBITDA · -68% margin
- ₹9.4 LakhPaid-up capital
- -27%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Reach Process Outsourcing Private Limited are on its company page.
Detailed financial statements for Reach Accountant
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Reach Accountant
4 dated milestones of Reach Accountant across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Reach Accountant is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $197K.
Web traffic of Reach Accountant
Websites that share an audience with Reach Accountant (reachaccountant.com).
Websites whose visitors overlap most with Reach Accountant. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| gsthelplineindia.com | 100% | 3.2K | #5,630,619 | View details | |
| aiaponline.com | 82% | View details | |||
| accountsportal.com | 81% | 39K | #636,810 | View details | |
| captainbiz.com | 76% | 20.6K | #1,077,581 | View details | |
| reachaccounting.com.au | 33% | View details | |||
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 8 similar websites and full traffic analytics for Reach Accountant
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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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 CEO of Reach Accountant, as recorded in our data. 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.
Reach Accountant has 1 employees.
The primary company behind Reach Accountant, Reach Process Outsourcing Private Limited, reported revenue of βΉ77.3 Lakh for FY 2024, down 63% year on year.
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.
Reach Accountant operates through Reach Process Outsourcing Private Limited.
The legal entities of Reach Accountant currently have 4 directors, including Rajan Jei Anandan, Robin Moses Raj G Robin Moses Raj, Robin Moses Raj Packia Nisha and others.
