Growthy is an AI‑driven bookkeeping platform that automatically categorizes about 80% of QuickBooks Online and Xero transactions, assigning confidence scores and surfacing the remaining items in a triage queue for user review before any data is synced.
Funding
Funding not disclosed
Founders
Product
Problem
Small businesses and bookkeeping firms spend excessive time manually categorizing routine transactions in QuickBooks Online or Xero, often requiring dozens of custom bank rules that still only cover a fraction of entries. This repetitive work limits scalability and slows financial reporting.
Solution
Growthy is an AI‑driven bookkeeping platform that automatically categorizes the routine 80% of transactions in QuickBooks Online and Xero. The system assigns confidence scores and surfaces the remaining items in a triage queue for user review before any data is synced, ensuring audit‑ready accuracy. As the AI learns from each correction, accuracy improves from 85% on the first import to over 90% for returning clients, reducing the need for manual bank rules. Growthy can operate as a workflow layer on top of existing books or as a standalone general ledger, providing flexibility without requiring data migration. The platform offers read‑only access by default, so nothing is posted until the user approves, and it integrates directly with the connected accounting software.
Target Audience
Primary users are solo bookkeepers, small bookkeeping firms, CPA firms that provide advisory services, and founders establishing their first set of books.
Features
- AI categorization engine that automatically processes about 80% of transactions with confidence scoring
- Continuous pattern learning that raises accuracy from 85% on first import to 90%+ for repeat clients
- Triage queue for manual review of exceptions, allowing bulk approval before synchronization
- Dual deployment modes: overlay on existing QuickBooks Online/Xero books or standalone general ledger replacement
- Read‑only integration with QuickBooks Online and Xero, ensuring no data is posted without user approval
- No need to create or maintain custom bank rules; the system remembers corrections permanently
- Simple pricing model with a free alpha phase and a locked‑in $99 per month subscription after launch