Company Overview
Snapshot
Founded in March 2019 by Lioran Pinchevski, Tzachi Schwartz, and Yaron Revah, Finaloop operates with 51–200 employees. The company has raised $35 million across two funding rounds from 19 investors. In May 2024, Finaloop secured an A Round of funding, with Lightspeed Venture Partners participating.
Business overview
Finaloop provides an accounting platform designed for e-commerce companies, offering a low-touch, intuitive SaaS solution that integrates with existing financial services. The platform aggregates data to manage bookkeeping and tax preparation and filing needs, targeting small to medium-sized businesses (SMBs) in the fintech and e-commerce sectors. Its core technology leverages web-based platforms and interfaces to deliver financial operations software, serving accounting and tax functions for enterprises and SMBs.
Strategic signal
In June 2024, Finaloop announced a $35 million Series A funding round, led by Lightspeed Venture Partners with participation from. This significant capital infusion, following a fourfold increase in customers and a sevenfold increase in revenue, signals strong market validation and accelerated growth for its AI-driven accounting platform tailored for direct-to-consumer brands. This development positions Finaloop for expanded market leadership and further product innovation within the e-commerce accounting space.
Log in to access full profile ›Company Intelligence Q&A
- What was the most recent funding event for Finaloop?
- In June 2024, Finaloop raised $35 million in a Series A funding round. The round was led by Lightspeed Venture Partners, with participation from Vesey Ventures.
- Which investors participated in Finaloop's Series A round?
- Finaloop's Series A funding round in June 2024 included investments from Lightspeed Venture Partners.
- What is Finaloop's primary business focus?
- Finaloop develops an accounting platform specifically for e-commerce companies, providing AI-driven bookkeeping and tax preparation services for direct-to-consumer brands.
- What growth has Finaloop experienced recently?
- Finaloop has experienced significant growth, with a fourfold increase in customers and a sevenfold increase in revenue, leading to an increased company valuation.
- Which companies were recognized alongside Finaloop by Qumra Capital?
- In March 2025, Qumra Capital identified Finaloop as one of its top 10 promising growth companies for 2025, alongside.