Pilot.com Raises $15 Million Series A for Its Bookkeeping Service
SAN FRANCISCO, March 14, 2018-- Pilot.com, Inc., the leading provider for bookkeeping services for startups and other small businesses, announced today that it has raised a $15 million Series A round of financing from Index Ventures and a group of world-class entrepreneurs. Pilot will use the funding to accelerate adoption of its best-in-class bookkeeping service that enables business owners to focus on their business instead of worrying about their finance back office. Pilot previously raised a $3.3 million seed funding round in January 2017. Pilot’s total funding to date is $18.3 million.
Alongside the funding announcement, Pilot also announced general availability of its bookkeeping service, which already has more than 150 business customers relying on it for all of their businesses’ bookkeeping needs. Pilot’s customers range in size from small businesses to international corporations with complex financial accounting needs.
Pilot handles its customers’ books from start to finish, pairing each of its customers with a dedicated account manager who is based out of the company’s San Francisco office. Pilot is different from traditional bookkeeping firms because Pilot is also a software company that performs its operations using innovative software that the company has built on top of Quickbooks Online. This approach, which Pilot has termed “people and software, each doing what they do best”, is what sets Pilot apart from other bookkeeping firms and allows it to be far more reliable, accurate, and efficient than any other bookkeeper today.
Potential customers can learn more and sign up at https://www.pilot.com
“Pilot is taking on a challenge that companies all over the world are facing, and one that has been long overlooked. We were really attracted to their unique approach of blending software and people to modernize how bookkeeping is getting done. We’re excited to be supporting such a talented team and look forward to sharing their journey.” - Mike Volpi (partner at Index Ventures)
"These guys are killing it. Waseem, Jessica, and Jeff are one of the strongest startup teams—in individual power and group mojo—that I've met” - Paul English (founder of Kayak)
"I first met this team a decade ago when they were at MIT together. They’ve always impressed me, and their early success at Pilot is fantastic – and no surprise.” - Frederic Kerrest (founder of Okta)
“I can’t think of a team I’d rather invest in. I started out as a Pilot customer, but after seeing the quality of the service, I knew I also had to become an investor.” - Makinde Adeagbo (founder of /dev/color)
Venture Capital Database