Finta

About Finta

Finta is a financial management platform that automates bookkeeping and tax processes for US-based Delaware C-Corp startups, achieving over 95% transaction categorization accuracy without the need for a bookkeeper. The platform provides real-time financial metrics, enabling founders to efficiently track cash flow, runway, and other critical performance indicators.

```xml <problem> Startups often struggle with bookkeeping and tax processes, requiring expensive bookkeepers and manual categorization of transactions. Traditional accounting software can be complex and time-consuming, diverting founders' attention from core business activities. This can lead to inaccurate financial reporting and missed opportunities for tax credits. </problem> <solution> Finta is a financial management platform designed specifically for US-based, Delaware C-Corp startups, automating bookkeeping and tax processes. The platform achieves over 95% transaction categorization accuracy, eliminating the need for a traditional bookkeeper. Finta provides a real-time dashboard with key startup metrics, including cash flow, runway, burn rate, and MRR, enabling founders to efficiently track financial performance. The platform also simplifies tax preparation and filing, ensuring accuracy and maximizing potential tax credits. </solution> <features> - Automated bookkeeping with >95% transaction categorization accuracy - Real-time financial dashboard displaying cash, runway, burn rate, and MRR - Simplified tax preparation and filing for US-based, Delaware C-Corps - Integrations with modern financial platforms for seamless data import - Investor-ready monthly update metrics and financial statements </features> <target_audience> Finta's primary customers are US-based, Delaware C-Corp startups and their founders who need an automated solution for bookkeeping, tax preparation, and financial reporting. </target_audience> <revenue_model> Finta operates on a subscription-based model, offering different pricing tiers based on the features and level of support required. </revenue_model> ```

What does Finta do?

Finta is a financial management platform that automates bookkeeping and tax processes for US-based Delaware C-Corp startups, achieving over 95% transaction categorization accuracy without the need for a bookkeeper. The platform provides real-time financial metrics, enabling founders to efficiently track cash flow, runway, and other critical performance indicators.

Where is Finta located?

Finta is based in San Francisco, United States.

When was Finta founded?

Finta was founded in 2022.

How much funding has Finta raised?

Finta has raised 2125000.

Location
San Francisco, United States
Founded
2022
Funding
2125000
Employees
6 employees
Major Investors
Y Combinator, UpHonest Capital, Mora Financial, Garage Capital, Underdog Labs
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Finta

Score: 100/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Finta is a financial management platform that automates bookkeeping and tax processes for US-based Delaware C-Corp startups, achieving over 95% transaction categorization accuracy without the need for a bookkeeper. The platform provides real-time financial metrics, enabling founders to efficiently track cash flow, runway, and other critical performance indicators.

finta.com3K+
cb
Crunchbase
Founded 2022San Francisco, United States

Funding

$

Estimated Funding

$2.1M+

Major Investors

Y Combinator, UpHonest Capital, Mora Financial, Garage Capital, Underdog Labs

Team (5+)

Ted Maloney

Founding Engineer

Company Description

Problem

Startups often struggle with bookkeeping and tax processes, requiring expensive bookkeepers and manual categorization of transactions. Traditional accounting software can be complex and time-consuming, diverting founders' attention from core business activities. This can lead to inaccurate financial reporting and missed opportunities for tax credits.

Solution

Finta is a financial management platform designed specifically for US-based, Delaware C-Corp startups, automating bookkeeping and tax processes. The platform achieves over 95% transaction categorization accuracy, eliminating the need for a traditional bookkeeper. Finta provides a real-time dashboard with key startup metrics, including cash flow, runway, burn rate, and MRR, enabling founders to efficiently track financial performance. The platform also simplifies tax preparation and filing, ensuring accuracy and maximizing potential tax credits.

Features

Automated bookkeeping with >95% transaction categorization accuracy

Real-time financial dashboard displaying cash, runway, burn rate, and MRR

Simplified tax preparation and filing for US-based, Delaware C-Corps

Integrations with modern financial platforms for seamless data import

Investor-ready monthly update metrics and financial statements

Target Audience

Finta's primary customers are US-based, Delaware C-Corp startups and their founders who need an automated solution for bookkeeping, tax preparation, and financial reporting.

Revenue Model

Finta operates on a subscription-based model, offering different pricing tiers based on the features and level of support required.

Finta - Funding: $2M+ | StartupSeeker