The startup develops enterprise software that manages accounting, finance, and back office operations by providing full-stack financial management tailored for startups. Their platform delivers accurate monthly financial statements and customizable reporting tools, enabling clients to efficiently monitor cash flow and payment statuses.
Funding
$3.7M 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
Startups often struggle to manage their accounting, finance, and back-office operations effectively, diverting crucial time and resources away from core business activities. Maintaining accurate financial records, staying compliant with tax regulations, and generating insightful financial reports can be particularly challenging for early-stage companies with limited resources.
Solution
OpStart provides full-stack financial operations services tailored for startups, enabling them to outsource their accounting and finance functions with ease. The platform offers bookkeeping, tax preparation, fractional CFO services, billing and invoicing management, payroll setup and compliance, and back-office software setup. OpStart delivers accurate monthly financial statements and customizable KPI dashboards, allowing clients to efficiently monitor cash flow, track key metrics, and make informed strategic decisions. By integrating with popular back-office systems and providing access to a dedicated team of financial experts, OpStart streamlines financial operations and ensures compliance, freeing up founders to focus on scaling their businesses.
Target Audience
OpStart primarily serves startups ranging from pre-seed to Series C, including founders, executives, and finance teams who need comprehensive financial operations support.
Features
- Bookkeeping services that deliver accrual-based financial statements and reports reviewed by a dedicated controller
- Tax services that handle income taxes, 1099s, Delaware franchise taxes, K-1s, and R&D tax credits for a flat fee
- Fractional CFO services that provide custom KPI dashboards, operating models, and forecasts
- Billing and invoicing management that automates bill payments, invoice creation, and payment tracking
- Payroll setup and compliance services that assist with responding to notices, registering in new jurisdictions, and making system adjustments
- Back-office setup services that construct a scalable software stack tailored to the business
- Integration with popular systems such as Quickbooks, Xero, Gusto, and Rippling