
ScaleFactor provides accounting and finance software with automated bookkeeping, proactive alerts, and other features. It is a smart accounting and finance software that changes the way modern businesses operate. By automating complex accounting tasks and translating financial information into usable business insights, ScaleFactor is enabling business owners, managers, and entrepreneurs to focus on what they love: running and growing their business. The company was founded in 2014 and is headquartered in Austin, Texas.

ScaleFactor provides accounting and finance software with automated bookkeeping, proactive alerts, and other features. It is a smart accounting and finance software that changes the way modern businesses operate. By automating complex accounting tasks and translating financial information into usable business insights, ScaleFactor is enabling business owners, managers, and entrepreneurs to focus on what they love: running and growing their business. The company was founded in 2014 and is headquartered in Austin, Texas.
Founded: 2014 (Austin, Texas)
Product: Accounting and finance automation software with automated bookkeeping and proactive alerts
Total funding (reported): $~103M across multiple rounds
Status: Ceased operations in 2020
Small and midsize business accounting and finance operations (bookkeeping, payroll, financial insights).
2014
Fintech / Accounting Software
$10,000,000
$30,000,000
$60,000,000
“Raised institutional rounds with participation from Coatue, Bessemer, Canaan, Citi Ventures and others”