Every

About Every

Every provides an integrated platform that utilizes AI technology to streamline back-office operations, including banking, payroll, bookkeeping, and tax management. This solution reduces administrative overhead for founders by consolidating essential services into a single interface, enabling efficient company setup and ongoing financial management.

```xml <problem> Startups often struggle with the complexities of managing various back-office functions, including incorporation, banking, payroll, bookkeeping, and tax compliance, leading to fragmented workflows and increased administrative burdens. Founders spend valuable time and resources navigating multiple platforms and service providers, diverting attention from core business activities. </problem> <solution> Every provides a unified platform designed to streamline and automate essential back-office operations for startups. The platform offers services such as company incorporation, banking and treasury management, payroll and HR administration, AI-enabled bookkeeping, and tax preparation. By consolidating these functions into a single interface, Every reduces administrative overhead, simplifies financial management, and enables founders to focus on growing their businesses. The platform leverages AI to automate tasks like expense tracking, payroll processing, and bank balance reconciliation, further enhancing efficiency and accuracy. </solution> <features> - Free Delaware C-Corp incorporation with legal document generation and automated 83(b) filings - Business banking services including debit cards, bill payment, and cashback rewards on spending - Treasury management tools for investing in high-yield treasury bills and money market funds with FDIC-insured cash sweep programs - Payroll and HR solutions for US and global teams, including state tax account registration, employee onboarding, and benefits administration (health, dental, vision, 401k) - AI-powered bookkeeping with real-time transaction categorization and financial statement generation - Tax preparation services, including corporate tax filings and R&D tax credit assistance - AI Autopilots to automate expense management, payroll processing, and bank balance tracking </features> <target_audience> Every primarily targets startup founders and small business owners who need an integrated solution to manage their back-office operations efficiently. </target_audience> <revenue_model> Every's revenue model is based on a combination of subscription fees for the platform and its various modules, as well as transaction fees for certain services like payroll processing. </revenue_model> ```

What does Every do?

Every provides an integrated platform that utilizes AI technology to streamline back-office operations, including banking, payroll, bookkeeping, and tax management. This solution reduces administrative overhead for founders by consolidating essential services into a single interface, enabling efficient company setup and ongoing financial management.

Where is Every located?

Every is based in San Francisco, United States.

When was Every founded?

Every was founded in 2021.

How much funding has Every raised?

Every has raised 32000000.

Location
San Francisco, United States
Founded
2021
Funding
32000000
Employees
179 employees
Major Investors
Y Combinator, Base10 Partners, Pioneer Fund, Redpoint, Formus Capital

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Every

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Executive Summary

Every provides an integrated platform that utilizes AI technology to streamline back-office operations, including banking, payroll, bookkeeping, and tax management. This solution reduces administrative overhead for founders by consolidating essential services into a single interface, enabling efficient company setup and ongoing financial management.

every.io3K+
cb
Crunchbase
Founded 2021San Francisco, United States

Funding

$

Estimated Funding

$20M+

Major Investors

Y Combinator, Base10 Partners, Pioneer Fund, Redpoint, Formus Capital

Team (100+)

No team information available.

Company Description

Problem

Startups often struggle with the complexities of managing various back-office functions, including incorporation, banking, payroll, bookkeeping, and tax compliance, leading to fragmented workflows and increased administrative burdens. Founders spend valuable time and resources navigating multiple platforms and service providers, diverting attention from core business activities.

Solution

Every provides a unified platform designed to streamline and automate essential back-office operations for startups. The platform offers services such as company incorporation, banking and treasury management, payroll and HR administration, AI-enabled bookkeeping, and tax preparation. By consolidating these functions into a single interface, Every reduces administrative overhead, simplifies financial management, and enables founders to focus on growing their businesses. The platform leverages AI to automate tasks like expense tracking, payroll processing, and bank balance reconciliation, further enhancing efficiency and accuracy.

Features

Free Delaware C-Corp incorporation with legal document generation and automated 83(b) filings

Business banking services including debit cards, bill payment, and cashback rewards on spending

Treasury management tools for investing in high-yield treasury bills and money market funds with FDIC-insured cash sweep programs

Payroll and HR solutions for US and global teams, including state tax account registration, employee onboarding, and benefits administration (health, dental, vision, 401k)

AI-powered bookkeeping with real-time transaction categorization and financial statement generation

Tax preparation services, including corporate tax filings and R&D tax credit assistance

AI Autopilots to automate expense management, payroll processing, and bank balance tracking

Target Audience

Every primarily targets startup founders and small business owners who need an integrated solution to manage their back-office operations efficiently.

Revenue Model

Every's revenue model is based on a combination of subscription fees for the platform and its various modules, as well as transaction fees for certain services like payroll processing.

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