
ScaleFactor
ClosedAustin, United States · Founded 2017
- Headquarters
- Austin, Texas
- Employees
- 51–200
- Founded
- 2017
- Business Model
- B2B
- Website
- scalefactor.com
- Last Round
- Series CAug 2019
- Rounds
- 5
About
ScaleFactor was an Austin-based smart finance and accounting platform that automated bookkeeping, provided proactive alerts, and delivered at-a-glance performance metrics for small businesses. The company raised over $100 million before shutting down in 2020 amid controversy over reliance on manual accountants rather than true automation.
Summary
ScaleFactor is an Artificial Intelligence company based in Austin, United States, founded in 2017. Its most recent funding was a Series C round in Aug 2019. Investors include Canaan Partners, Coatue Management and Techstars Austin.
Tech & App Stack
3 technologies & apps tracked
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Funding History
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Investors
Canaan Partners
2 rounds

Coatue Management
1 round
Techstars Austin
1 round
Broadhaven Ventures
2 rounds
Next Coast Ventures
2 rounds
Flyover Capital
2 rounds
Firebrand Ventures
2 rounds
Vulcan Capital
1 round
Stripes
1 round

Next Play Ventures
1 round

Citi Ventures
1 round
Techstars
1 round
Matchstick Ventures
1 round
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