Found

Financial management platform for small businesses

San Francisco, California, United States

About Found

Found is a financial management platform tailored for small businesses and independent contractors. It offers tools that help users track their income and expenses, manage taxes, and create invoices. Users can automatically set aside taxes, generate Schedule C reports, and make tax payments directly through the app. The platform also provides features like customizable tracking, real-time profit and loss statements, expense categorization, receipt logs, and professional invoicing. Found stands out from competitors by focusing specifically on the needs of small business owners and freelancers, offering a subscription-based model for premium features. The goal of Found is to provide efficient and reliable financial management solutions that simplify the financial tasks of its users.

San Francisco, CaliforniaHeadquarters
2019Year Founded
$70.8MTotal Funding
SERIES_BCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

401K, FSA, and Commuter Benefits
Paid parental leave
Comprehensive health benefits
Work anywhere
Meaningful equity
Flexible vacation policy

Risks

Increased competition from startups offering similar services at lower costs.
Changes in tax regulations could increase Found's operational costs.
Data security concerns may affect customer trust in Found's services.

Differentiation

Found offers built-in expense tracking and tax savings for self-employed individuals.
The platform provides auto withholding and Schedule C reports for tax management.
Found's subscription model offers premium features for small businesses and freelancers.

Upsides

Growing demand for digital banking among freelancers boosts Found's market potential.
AI-driven tools can enhance Found's financial management efficiency by up to 30%.
Interest in integrated tax solutions aligns with Found's seamless tax management features.

Funding

Total raised$70.81 M
Latest valuation$300.00 M
StageSERIES_B
SERIES B
1/31/2022
$60
$300.00 M
SERIES A
4/30/2021
$13
$64.00 M