Maroo

About Maroo

Provides a payments platform tailored for the wedding and events industry, enabling businesses to send itemized invoices, accept ACH transfers, and automate payment reconciliation without incurring merchant fees. By integrating contract management, payroll processing, and accounting software like QuickBooks, it streamlines financial and client workflows for over 11,000 small to medium-sized businesses.

<problem> Businesses in the wedding and events industry often face challenges with inefficient payment processes, including high merchant fees, manual reconciliation, and fragmented financial workflows. Managing contracts, invoices, and payments across multiple platforms can be time-consuming and costly. </problem> <solution> Maroo provides a unified platform tailored for the wedding and events industry to streamline financial and client management. It enables businesses to send itemized invoices, accept ACH transfers and card payments (with the option to pass fees to the client), and automate payment reconciliation. The platform integrates contract management, bill pay, and accounting software like QuickBooks, centralizing key workflows. By offering tools for invoicing, payment processing, and client communication, Maroo helps businesses save time and money while providing a professional payment experience for their clients. </solution> <features> - Itemized invoicing with customizable templates and payment terms - ACH transfer and card payment acceptance with options for clients to cover processing fees - Automated payment reminders and tracking - Integrated contract management with e-signature capabilities - Bill pay feature for scheduling payments to suppliers and freelancers - Automated generation and e-filing of 1099-NEC forms - Direct integration with QuickBooks Online for streamlined accounting - Client contact book for centralized communication </features> <target_audience> The primary target audience includes small to medium-sized businesses in the wedding and events industry, such as photographers, event planners, venues, caterers, videographers, and entertainment providers. </target_audience> <revenue_model> Maroo offers tiered subscription plans, including a free Starter plan for businesses with monthly invoicing under $5,000, a Business plan at $50 per month for up to $50,000 in monthly invoicing, and a custom Pro plan for larger teams with unlimited invoicing. Additional revenue is generated through transaction fees for card payments, with the fee varying based on the chosen plan. </revenue_model>

What does Maroo do?

Provides a payments platform tailored for the wedding and events industry, enabling businesses to send itemized invoices, accept ACH transfers, and automate payment reconciliation without incurring merchant fees. By integrating contract management, payroll processing, and accounting software like QuickBooks, it streamlines financial and client workflows for over 11,000 small to medium-sized businesses.

Where is Maroo located?

Maroo is based in East New York, United States.

When was Maroo founded?

Maroo was founded in 2020.

How much funding has Maroo raised?

Maroo has raised 3960000.

Location
East New York, United States
Founded
2020
Funding
3960000
Employees
23 employees

Find Investable Startups and Competitors

Search thousands of startups using natural language

Maroo

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

Provides a payments platform tailored for the wedding and events industry, enabling businesses to send itemized invoices, accept ACH transfers, and automate payment reconciliation without incurring merchant fees. By integrating contract management, payroll processing, and accounting software like QuickBooks, it streamlines financial and client workflows for over 11,000 small to medium-sized businesses.

maroo.us1K+
cb
Crunchbase
Founded 2020East New York, United States

Funding

$

Estimated Funding

$3M+

Team (20+)

No team information available.

Company Description

Problem

Businesses in the wedding and events industry often face challenges with inefficient payment processes, including high merchant fees, manual reconciliation, and fragmented financial workflows. Managing contracts, invoices, and payments across multiple platforms can be time-consuming and costly.

Solution

Maroo provides a unified platform tailored for the wedding and events industry to streamline financial and client management. It enables businesses to send itemized invoices, accept ACH transfers and card payments (with the option to pass fees to the client), and automate payment reconciliation. The platform integrates contract management, bill pay, and accounting software like QuickBooks, centralizing key workflows. By offering tools for invoicing, payment processing, and client communication, Maroo helps businesses save time and money while providing a professional payment experience for their clients.

Features

Itemized invoicing with customizable templates and payment terms

ACH transfer and card payment acceptance with options for clients to cover processing fees

Automated payment reminders and tracking

Integrated contract management with e-signature capabilities

Bill pay feature for scheduling payments to suppliers and freelancers

Automated generation and e-filing of 1099-NEC forms

Direct integration with QuickBooks Online for streamlined accounting

Client contact book for centralized communication

Target Audience

The primary target audience includes small to medium-sized businesses in the wedding and events industry, such as photographers, event planners, venues, caterers, videographers, and entertainment providers.

Revenue Model

Maroo offers tiered subscription plans, including a free Starter plan for businesses with monthly invoicing under $5,000, a Business plan at $50 per month for up to $50,000 in monthly invoicing, and a custom Pro plan for larger teams with unlimited invoicing. Additional revenue is generated through transaction fees for card payments, with the fee varying based on the chosen plan.

Want to add first party data to your startup here or get your entry removed? You can edit it yourself by logging in with your company domain.