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LeaseQuery

LeaseQuery

SaaS for accounting compliance and lease management

About

LeaseQuery, now known as FinQuery, is an attractive workplace due to its focus on streamlining complex financial processes through its AI-powered SaaS solutions. By ensuring compliance with major financial standards like FASB and IFRS, the company not only highlights its commitment to accuracy and security but also positions itself as a leader in financial software development. The advanced technology they employ in managing leases and subscriptions allows for efficient operations, making it a dynamic environment for professionals who value innovation and preciseness in their work.

Company Stage

Series A

Employees

201-500

Industries

Data & Analytics, Consulting, Fintech, Financial Services

Total Funding

$85.5M

Headquarters

N/A

Founded

2011


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Simplify's Take

What believers are saying

  • The $25 million investment led by Periphas Capital and Lavelle Capital will likely accelerate product innovation and growth, providing employees with opportunities to work on cutting-edge projects.
  • Recognition as a 'Market Leader' in lease accounting software and being named one of Atlanta's best places to work highlight the company's strong market position and positive work environment.
  • The acquisition of Stackshine offers immediate ROI for clients, showcasing FinQuery's ability to deliver tangible benefits and drive customer satisfaction.

What critics are saying

  • The rebranding from LeaseQuery to FinQuery may confuse existing customers and require significant marketing efforts to establish the new brand identity.
  • Expanding into broader financial management solutions could dilute the company's focus and expertise in lease accounting, potentially affecting product quality.

What makes LeaseQuery unique

  • LeaseQuery, now FinQuery, leverages AI-powered solutions to manage companies' largest areas of spend, setting it apart from traditional lease accounting software providers.
  • The company's recent rebranding and $25 million investment indicate a strategic pivot towards broader financial management solutions, unlike competitors focused solely on lease accounting.
  • Partnerships with firms like Sovos and acquisitions like Stackshine enhance FinQuery's comprehensive service offerings, making it a more versatile player in the market.

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-14%

2 year growth

-22%

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