InDinero
American accounting software and services company
From Wikipedia, the free encyclopedia
Indinero is an accounting software and services company providing accounting and financial software.[2] Founded in 2009 by Jess Mah, Andy Su, and Andrea Barrica, indinero graduated the startup incubator, Y Combinator in 2010.[3] On May 8, 2018, indinero acquired San Jose-based firm tempCFO.[4] On February 1, 2019, indinero acquired a second company, mAccounting, an Indianapolis-based accounting and tax firm.[5]
 | |
Company type | Private[1] |
|---|---|
| Industry | Software as a service |
| Founded | 2009[citation needed] |
Key people | Jessica Mah (Founder, CEO), Andy Su (Founder, Board Member) |
| Products | Accounting software, Financial software, Virtual CFO, Bookkeeping, Tax return preparation |
Number of employees | 219 (2019) |
| Website | www |
History
Jessica Mah started the initial development of indinero at age 19 after meeting her co-founder Andy Su at UC Berkeley. Upon graduating from Y Combinator in August 2010, indinero gained angel attention.[6] In February 2013, indinero received the largest of a three-fund investment from FundersClub in their initial investment in enterprise software companies.[7]
By 2014, the company had 75 employees.[8]
Two years later, in February 2015, indinero closed its largest funding round, a Series B round worth $7 million.[9][10] Similar competitors include Bench, Botkeeper, and BooksTime.[11]
In March 2015, the company opened an office in Portland, Oregon.[12][13]
Software
Indinero's software combines accounting, tax filing and payroll management for small businesses with up to 100 employees.[14][15][16] In addition, accountants and tax specialists manually review customers' financial statements.[17]