finally

finally

Financial management platform for businesses

About finally

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

Industries

Data & Analytics

Fintech

Financial Services

Company Size

201-500

Company Stage

Series B

Total Funding

$306.9M

Headquarters

Miami, Florida

Founded

2019

Overview

Finally.com is a financial management platform that helps businesses manage their finances by integrating with existing software to streamline financial transactions. It uses AI to classify transactions in real-time, allowing for instant approvals and higher limits without personal guarantees, while also providing strong fraud protection. The platform eliminates the need for traditional expense reports and offers real-time insights and a Tax Compliance Calendar to keep businesses informed about deadlines. Finally.com operates on a subscription model, aiming to simplify financial operations for businesses of all sizes.

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Simplify's Take

What believers are saying

  • Finally raised $200M in Series B funding, indicating strong investor confidence.
  • The platform's AI-driven solutions attract SMBs seeking efficient financial management.
  • Finally's rapid customer growth suggests a strong market fit for their platform.

What critics are saying

  • Increased competition from Zellis could threaten Finally's market share in payroll.
  • Rapid growth may lead to operational challenges and resource strain.
  • Reliance on AI solutions exposes Finally to risks of AI biases and inaccuracies.

What makes finally unique

  • Finally integrates bookkeeping, expense management, and payroll into one automated solution.
  • The platform offers real-time insights and AI-driven analytics for financial management.
  • Finally's Tax Compliance Calendar helps businesses avoid penalties by alerting upcoming deadlines.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$306.9M

Above

Industry Average

Funded Over

5 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

↓ -3%

1 year growth

↓ -3%

2 year growth

↑ 0%
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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