Overview

Keeper.app provides a digital platform designed to assist bookkeeping and accounting firms by streamlining their processes and enhancing efficiency. The main feature of Keeper.app is a client portal that simplifies communication between firms and their clients, along with comprehensive reporting packages that help in managing financial data. The platform operates on a subscription-based model, where bookkeeping firms pay monthly or annual fees to access its services. This setup allows firms to save time on month-end closing processes, ultimately boosting their productivity. What sets Keeper.app apart from its competitors is its strong emphasis on quality control and exceptional customer service, which has contributed to its growing client base. The goal of Keeper.app is to improve the operational efficiency of bookkeeping firms, making them more effective in their financial management tasks.

Simplify's Take

What believers are saying

• Integration with AI tools can reduce manual errors and improve bookkeeping efficiency.
• The rise of remote work increases demand for Keeper's cloud-based bookkeeping solutions.
• Subscription-based model provides a stable revenue stream and upselling opportunities.

What critics are saying

• AI tools like GPT-4 may reduce demand for traditional bookkeeping services.
• Pressure to scale rapidly post-funding could strain resources and affect service quality.
• Labor reforms may divert focus from Keeper's core bookkeeping offerings.

What makes Keeper unique

• Keeper offers a unique client portal for streamlined communication and comprehensive reporting.
• The platform enhances bookkeeping efficiency by reducing month-end closing process time.
• Keeper is praised for exceptional customer service, setting it apart from competitors.

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Funding

Total Funding

$130k

Below

Industry Average

Funded Over

1 Rounds

Notable Investors:

Y Combinator

Notable Investors:

Y Combinator

$130,000

Seed

Aug 2021

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.

Seed Funding Comparison

Below Average

Industry standards

Ind Avg. $3.3M

$130k

$500k

$1.5M

$2M

$2.3M

$3M