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Developer of a reconciliation software designed to facilitate transaction lifecycle management and manage all stages of the reconciliation process. The company's software is a cloud-based interface that tracks transactions across multiple systems and statuses, automatically updates transaction details, sends alerts and insight-based reports on transaction lifecycle events, stores and communicates tansactional data across multiple locations while tracking important reconciliation statistics, enabling accounting and finance teams to automatically update transaction details at the time of matching, as well as search across multiple accounts simultaneously, thereby simplifying the process when searching for information about a transaction.
Last updated
In 2024, ReconArt's revenue reached $10M. The company previously reported $3.3M in 2024. Since its launch in 2008, ReconArt has shown consistent revenue growth.
ReconArt is a bootstrapped Accounting & Finance Software startup. Founded in 2008, ReconArt has grown to $10M in revenue without raising any venture capital or outside funding.
As a self-funded Accounting & Finance Software SaaS company, ReconArt has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Provide outstanding Financial Control Solutions to the Financial and Corporate markets via the ReconArt tool (www.ReconArt.com) Specialties: Financial analysis, modeling, control. Risk Management, Software development. Software solutions and deployment. Account control, Reconciliation, Certification, Reporting.
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We do not have customer count information for ReconArt yet.
ReconArt employs approximately 53 people as of 2026, up from 49 in 2023.
ReconArt generates $10M in revenue.
ReconArt was founded by Hrosto Marintchev.
The CEO of ReconArt is Hrosto Marintchev.
ReconArt is bootstrapped and has not raised outside funding.
ReconArt has 53 employees.
ReconArt is headquartered in Alexandria, Virginia, United States.
ReconArt operates across multiple industries. Browse revenue, funding, and growth data for ReconArt in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$10M
Funding
$0
Team
53
Founded
2008
| Year | Milestone | Source |
|---|---|---|
| 2024 | ReconArt Hit $10m revenue in November 2024 | |
| 2024 | ReconArt Hit $3.3m revenue in October 2024 | Estimated |
| 2023 | ReconArt Hit $1.8m revenue in December 2023 | Estimated |
| 2021 | ReconArt Hit $1.5m revenue in April 2021 | |
| 2008 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 53 employees (October 2024) | |
| 2023 | Reached 49 employees (December 2023) | |
| 2022 | Reached 49 employees (December 2022) | |
| 2021 | Reached 47 employees (December 2021) | |
| 2021 | Reached 48 employees (April 2021) |
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