Kick‘s bookkeeping solution gets a $9M boost to automate accounting and back-office work, providing an inexpensive and effective service for startups and accounting businesses.
Kick, an AP automation solution for mundane accounting work, has closed a $9M seed round. This funding will automate the documentation of back-office work for everyday entrepreneurs and accounting companies.
OpenAI, General Catalyst, and 50+ angels backed the funding round.
The freemium model of Kick makes it easier to sign up for affordable bookkeeping than traditional bookkeeping services. It charges at least three times lower than other bookkeepers, and, as a result, customers can cut their costs while letting robots do the work.
Done for You Software:
Kick presents the “Done for You” software that can perform accounting services for businesses, and Kick has helped more than 1000 of them. The platform has experienced a fifty percent growth in monthly traffic, boosted by the generous usage of simplistic aids.
Kick would assist business owners by categorizing some individual and business expenses mixing, which can save up to $4000 on tax. The software is designed to run in the background while keeping users in command of their affairs besides easing accounting.
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Kick has attracted support from long-term investors Austen Allred (CEO, Bloomtech), Tikhon Berstram (Co-Founder, Parse), Soleio Cuervo (Ex-Facebook), Scott Belsky (CSO, Adobe) as well as from OpenAI Startup Fund, General Catalyst, and many more.
Scaling Up with $9M Funding:
The new funding would help Kick grow and offer even more features to its users, and it would seem, more effective. While Kick is free to use for entrepreneurs, Kick has a special launch offer available for everyone who would like to join.
Kick solves a problem – accounting – changing the course of entrepreneurship in the world.