The startup offers a cloud-based financial technology platform that provides online bookkeeping and corporate tax return services for small businesses. By delivering data-driven insights and monthly financial reports, the platform enhances financial visibility and reduces operational costs for business owners.
Funding
$9.2M 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
Many small businesses struggle with the complexities of bookkeeping and tax preparation, leading to inaccurate financials, missed deadlines, and potential tax savings opportunities being overlooked. Business owners often lack the time or expertise to manage these tasks effectively, diverting their focus from core business activities.
Solution
Xendoo provides a cloud-based platform that delivers online bookkeeping and tax services tailored for small businesses. The platform offers a dedicated team of bookkeepers, accountants, and CPAs who handle tasks such as expense tracking, bank reconciliation, and tax preparation. Xendoo integrates with popular accounting software like Xero and QuickBooks Online, providing users with real-time access to financial reports and insights. By automating bookkeeping processes and providing expert tax guidance, Xendoo aims to simplify financial management, reduce stress, and help small businesses optimize their tax savings.
Target Audience
Xendoo primarily targets small to medium-sized businesses, including eCommerce businesses, professional service firms, and franchises, that need assistance with bookkeeping, tax preparation, and financial management.
Features
- Weekly bookkeeping services performed by a dedicated team of US-based bookkeepers
- Monthly financial reports, including balance sheets and profit and loss statements
- Integration with Xero and QuickBooks Online for seamless data synchronization
- Year-round tax support and consultation from experienced CPAs
- Tax preparation and filing services for various business structures (S Corp, Partnership, C Corp, LLC)
- Catch-up bookkeeping services to bring overdue books up to date
- Fractional CFO services for strategic financial planning and growth acceleration
- Mobile app access for 24/7 financial visibility
- Support for multiple currencies for eCommerce businesses