Found

Found

Financial management platform for small businesses

About

Found provides a financial management platform tailored for small businesses and independent contractors. The platform includes tools for tracking income and expenses, preparing taxes, and invoicing. Users can automatically set aside taxes, generate Schedule C reports, and make tax payments directly through the app. Found also offers real-time profit and loss statements, customizable tracking options, expense categorization, and receipt logs. Its invoicing feature allows users to create and send professional invoices, schedule recurring invoices, and receive payment notifications. Unlike many competitors, Found focuses specifically on the needs of small business owners and freelancers, offering a user-friendly app that simplifies financial management. The goal of Found is to help users efficiently manage their finances, allowing them to focus on growing their businesses.

Company Stage

Series B

Employees

51-200

Industries

Fintech, Financial Services

Total Funding

$70.8M

Headquarters

San Francisco, California

Founded

2019


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Simplify's Take

What believers are saying

  • Integration with AI-driven advisory services enhances personalized financial planning.
  • The rise of gig economy platforms increases demand for Found's specialized tools.
  • Open banking APIs allow Found to enhance platform connectivity with financial institutions.

What critics are saying

  • Increased competition from fintech startups could erode Found's market share.
  • Changes in tax regulations may lead to higher operational costs for Found.
  • A recent data breach in fintech raises concerns about data security for Found.

What makes Found unique

  • Found offers built-in expense tracking and tax savings for self-employed individuals.
  • The platform provides real-time profit and loss statements and customizable tracking.
  • Found's invoicing feature allows scheduling and tracking with notifications.

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Benefits

401K, FSA, and Commuter Benefits

Paid parental leave

Comprehensive health benefits

Work anywhere

Meaningful equity

Flexible vacation policy

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