finally

finally

AI-driven, real-time financial management platform

About finally

Simplify's Rating
Why finally is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Enterprise Software

Fintech

AI & Machine Learning

Financial Services

Company Size

201-500

Company Stage

Series B

Total Funding

$306.9M

Headquarters

Miami, Florida

Founded

2019

Overview

Finally.com provides a financial management platform that consolidates business finance tasks into one place and integrates with existing business software. It uses AI to classify transactions in real time, enabling instant approvals and higher spending limits without personal guarantees, while offering robust fraud protection. The platform eliminates traditional expense reports by handling out-of-pocket reimbursements and user reporting, and it gives real-time insight reports for full visibility into a company’s finances. A Tax Compliance Calendar helps users track upcoming tax deadlines to stay compliant. The service is offered on a subscription basis. Overall, Finally.com helps businesses streamline back-office workflows, save time, and maintain financial control by combining transaction processing, reporting, and compliance in a single platform.

Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • 300% annual revenue growth since March 2022 Series A serves 1,500+ businesses.
  • $200M Series B in 2024 from PeakSpan totals $305M funding for expansion.
  • Multi-product suite with AI insights competes effectively against Brex and Ramp.

What critics are saying

  • Ramp's superior cards capture SMBs, eroding Finally's 1,500 customers within 12 months.
  • $235M debt burdens margins with rising rates in 12-24 months.
  • QuickBooks' 80% share commoditizes Finally's AI automation in 6-12 months.

What makes finally unique

  • Finally's AI-powered ledger automates real-time transaction classification for SMBs.
  • Tax Compliance Calendar alerts users to deadlines, ensuring regulatory adherence.
  • Unified platform integrates bookkeeping, payroll, and corporate cards seamlessly.

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Funding

Total Funding

$306.9M

Above

Industry Average

Funded Over

6 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Employee Stock Purchase Plan

Paid Time Off

Paid Training

Growth & Insights and Company News

Headcount

6 month growth

4%

1 year growth

11%

2 year growth

6%
PYMNTS
Jan 9th, 2025
Zellis To Expand Ai-Powered Hr And Payroll Platform With Elementsuite Acquisition

Zellis said Thursday (Jan. 9) that it plans to create an end-to-end artificial intelligence (AI)-powered human resources (HR) and payroll platform by acquiring elementsuite. The acquisition will add elementsuite’s AI-enabled HR and workforce management (WFM) suite to Zellis’ payroll and HR platform that serves U.K.- and Ireland-based companies with more than 1,000 employees, Zellis said in a Thursday (Jan. 9) press release. The transaction is subject to customary closing conditions, according to the release

Business Wire
Sep 11th, 2024
finally raises $200M Series B with $50M equity and $150M credit facility

The AI-powered, all-in-one finance and HR suite, finally, today announced that it has closed a $50M Series B from PeakSpan Capital and $150M credit fa

PitchBook
Sep 9th, 2024
Bookkeeping startup Finally grabs $200M as AI bolsters enterprise fintech

Accounting platform Finally has raised a $200 million Series B, joining a crop of startups that have attracted investment by weaving AI into enterprise fintech software.

TechCrunch
Sep 9th, 2024
Miami-based AI bookkeeping startup Finally has raised another big round: $200M in equity and debt

The SMB-focused bookkeeping, accounting and finance startup Finally has raised $50 million in a Series B round of funding and secured a $150 million credit line, TechCrunch is the first to report.

Refresh Miami
May 1st, 2024
There’S Finally A Solution For Smb Accounting, And It’S Right Here In Miami

By Riley KaminerFelix Rodriguez comes from a family of small business owners. “Starting our own business was my family’s American dream,” he told Refresh Miami. “When I was growing up, I got a chance to see my dad and my uncles and aunts with their own businesses – and see the effect they had on the community.”Rodriguez himself got bit with the startup bug, having launched, scaled, and exited a diverse range of nine businesses – from a veterinarian platform to a marketing firm to a customer acquisition solution. The thread through all of these was Rodriguez’s deep understanding of the challenges facing SMBs. “SMBs need tools to solve immediate problems and provide immediate gratification,” he said, emphasizing the default need for startups to move fast. One of the main pain points: keeping an SMB’s financial house in order.“We’ve always had to have our books done,” Rodriguez asserted. “We always had to understand the levers

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