About DebtBook
DebtBook offers a platform for managing debt, leases, and subscriptions, targeting treasurers, accountants, and finance professionals in the public sector. The subscription-based software automates tasks, improves accuracy, and enhances collaboration, allowing users to move away from cumbersome spreadsheets. A key feature is its compliance tools that help users meet Governmental Accounting Standards Board (GASB) regulations, particularly GASB 96. DebtBook aims to simplify debt management, boost productivity, and ensure compliance for finance professionals.
Charlotte, North CarolinaHeadquarters
2019Year Founded
$23.1MTotal Funding
SERIES_ACompany Stage
Fintech, Financial ServicesIndustries
51-200Employees
Risks
Increased competition from fintech companies could erode DebtBook's market share.
Economic downturns may lead to reduced spending on software solutions like DebtBook's.
Reliance on partnerships poses risks if they do not yield expected enhancements.
Differentiation
DebtBook offers specialized compliance tools for GASB regulations, ensuring regulatory peace of mind.
The platform's robust reporting capabilities enhance transparency and decision-making for finance professionals.
DebtBook's SaaS model replaces cumbersome spreadsheets, improving efficiency and productivity for users.
Upsides
Integration with AI-driven analytics can enhance DebtBook's reporting and predictive capabilities.
The rise of ESG criteria opens avenues for specialized compliance and reporting tools.
Open banking trends enable DebtBook to expand connectivity with financial institutions.
Funding
Total raised$23.05 M
Latest valuation$62.50 M
StageSERIES_A
SERIES A
6/30/2023$12
$62.50 MSEED
11/30/2021$2
$10.00 M