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How ScaleFactor CEO Kurt Rathmann grew ScaleFactor to $16.4M revenue and 29M customers in 2020.

ScaleFactor provides accounting and finance software with automated bookkeeping, proactive alerts, and other features. It is a smart accounting and finance software that changes the way modern businesses operate. By automating complex accounting tasks and translating financial information into usable business insights, ScaleFactor is enabling business owners, managers, and entrepreneurs to focus on what they love: running and growing their business. The company was founded in 2014 and is headquartered in Austin, Texas.

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ScaleFactor Revenue

In 2020, ScaleFactor's revenue reached $16.4M. Since its launch in 2014, ScaleFactor has shown consistent revenue growth.

ScaleFactor Revenue GrowthReported revenue / ARR by year$0$4M$8M$12M$16M$20M2014201520162017201820192020$0$16MSource: GetLatka.com
YearMilestone
2020ScaleFactor Hit $16.4m revenue in August 2020
2014Launched with $0 revenue

ScaleFactor Valuation, Funding Rounds

ScaleFactor's most recent disclosed valuation is $49.3M.

ScaleFactor has raised $102.9M in total funding across 5 rounds, most recently a $60M Series C round in 2019.

ScaleFactor Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$25M$50M$75M$100M$125M2014201520162017201820192014 cumulative: $0 • 2014 Founded: $02015 cumulative: $370K • 2014 Founded: $0 • 2015 Angel Round: $370K2017 cumulative: $3M • 2014 Founded: $0 • 2015 Angel Round: $370K • 2017 Seed Round: $3M2018 cumulative: $13M • 2014 Founded: $0 • 2015 Angel Round: $370K • 2017 Seed Round: $3M • 2018 Series A: $10M2019 cumulative: $43M • 2014 Founded: $0 • 2015 Angel Round: $370K • 2017 Seed Round: $3M • 2018 Series A: $10M • 2019 Series B: $30M2019 cumulative: $103M • 2014 Founded: $0 • 2015 Angel Round: $370K • 2017 Seed Round: $3M • 2018 Series A: $10M • 2019 Series B: $30M • 2019 Series C: $60M$103M2014 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2019Series C$60M--
2019Series B$30M--
2018Series A$10M--
2017Seed Round$2.5M--
2015Angel Round$370K--

ScaleFactor Employees & Team Size

ScaleFactor employs approximately 4 people as of 2026.

ScaleFactor has 4 total employees in different roles and functions and 2 sales reps that carry a quota. They have 29M customers that rely on the company's solutions.

ScaleFactor Team GrowthReported headcount over time0501001502002502014201620182020202220230044Source: GetLatka.com
YearMilestone
2023Reached 4 employees (September 2023)
2023Reached 4 employees (January 2023)
2022Reached 4 employees (January 2022)
2021Reached 5 employees (August 2021)
2020Reached 19 employees (December 2020)
2020Reached 100 employees (August 2020)
2020Reached 127 employees (June 2020)
2019Reached 215 employees (December 2019)
2018Reached 82 employees (December 2018)

Founder / CEO

Kurt Rathmann

Kurt Rathmann is listed as Founder / CEO at ScaleFactor.

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Customers

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Frequently Asked Questions about ScaleFactor

What is ScaleFactor's revenue?

ScaleFactor generates $16.4M in revenue.

Who founded ScaleFactor?

ScaleFactor was founded by Kurt Rathmann.

Who is the CEO of ScaleFactor?

The CEO of ScaleFactor is Kurt Rathmann.

How much funding does ScaleFactor have?

ScaleFactor raised $102.9M.

How many employees does ScaleFactor have?

ScaleFactor has 4 employees.

Where is ScaleFactor headquarters?

ScaleFactor is headquartered in Austin, Texas, United States.

Compare ScaleFactor to the industry

ScaleFactor operates across multiple industries. Browse revenue, funding, and growth data for ScaleFactor in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .