Payroll and Bookkeeping Software Firm ScaleFactor Shuts Down due to Declining Revenue Following COVID-19 Outbreak
Business software provider ScaleFactor is reportedly shutting down, after securing $100 million in capital during the past year from major investors including Bessemer Venture Partners and Coatue Management. In March 2020, the financial services company began experiencing challenges due to the global COVID-19 outbreak, which… Read More
Read more in: Fintech | Tagged austin, bessemer venture partners, canaan partners, coronavirus, covid-19, financial software, payroll software, scalefactor, smbs, sme's, texas, united states, us
