Tagged: autobooks

Detroit’s Autobooks Reports Steady Growth, Announces Move to New Headquarters

Autobooks, the Detroit-based small business payment and accounting services platform that’s reportedly used by over 1,000 financial institutions, recently announced that it has been named to Inc. magazine’s Inc. 5000 list for 2022 — landing at No. 258 overall, and #2 in Michigan. The Inc…. Read More

Small Business Payment & Account Service Platform Autobooks Secures $25 Million Through Series B Funding Round Led By MissionOG

Autobooks, a U.S.-based small business payment and accounting services platform, announced on Thursday it raised $25 million through its Series B financing round, which was led by MissionOG with participation from Renaissance Venture Capital, Detroit Venture Partners, Draper Triangle, and TD Bank Group. Founded in 2015, Autobooks… Read More

Derik Sutton from Autobooks and Currencycloud Discuss How Cash Flow Problems are a Major Issue for SMBs

Cross-border payment platform Currencycloud notes that financial innovation is now taking place at a “record pace.” However, when it comes to smaller businesses, you must first address their cash flow problems, because “nothing else matters” (if you can’t solve this issue first). Derik Sutton, VP… Read More

Autobooks, an Integrated Payment & Accounting Software Company, Raises $5 Million in Venture Funding

Michigan-based startup Autobooks has raised $5.5 million in venture funding. This follows an earlier $2 million seed funding round. Draper Triangle Ventures led the funding joined by strategic investor the Lansing-based Michigan Credit Union League. Autobooks provides an integrated receivables platform that works together with… Read More

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