Every.io, a San Francisco, CA-based provider of a back office stack for startups, raised $9.5M in Seed funding.
The round was led by Base10, with participation from Y Combinator, Formus Capital and Rex Salisbury.
The company intends to use the funds to expand operations and its business reach.
Founded by Rajeev Behera, Every provides bank accounts, corporate cards, bill payments, corporate treasury, HR, payroll, benefits, accounting, and taxes all in one platform, allowing founders to save time and money. Following their launch in YC’s S23 batch, it hit $1M ARR in 6 months and grew to 75 customers.
Rajeev Behera previously raised $100M for his last venture, Reflektive, in the HR B2B SaaS space, scaling it to 250 employees.
FinSMEs
17/11/2023