Found is a fintech platform that offers integrated business banking, automated bookkeeping, and real-time tax calculation tools specifically designed for self-employed individuals. By consolidating financial management tasks into a single application, Found eliminates the complexities of expense tracking, invoicing, and tax preparation, allowing users to focus on their core business activities.
Funding
$129.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Self-employed individuals often struggle with managing business finances due to the complexities of tracking expenses, invoicing clients, and preparing for taxes. Juggling multiple apps and manual processes can be time-consuming and increase the risk of errors.
Solution
Found is a fintech platform that provides an integrated suite of financial tools designed specifically for self-employed individuals. The platform combines business banking, automated bookkeeping, real-time tax calculations, and invoicing into a single application. By consolidating these essential functions, Found streamlines financial management, automates key tasks, and provides users with clear insights into their business finances. This allows users to efficiently manage cash flow, track expenses, and accurately estimate tax obligations, all within a user-friendly interface.
Target Audience
Found primarily targets self-employed individuals, freelancers, sole proprietors, and single-member LLCs who need a comprehensive solution for managing their business finances.
Features
- Business banking with no account maintenance fees or minimum balance requirements
- Virtual cards and custom pockets for organizing and managing cash flow
- Automated expense tracking and categorization for simplified bookkeeping
- Real-time tax calculations to estimate tax liabilities throughout the year
- Automatic tax savings feature to set aside funds for tax payments
- Professional invoice generation and tracking capabilities
- Integration with Stripe for seamless payment processing
- FDIC insurance up to $250,000 through Piermont Bank, Member FDIC
- Mobile app available on iOS and Android, as well as a desktop version